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Wall Street adviser: Actual unemployment is 37.2%, 'misery index' worst in 40 years

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Paul Bedard,Washington Secrets,Jobs,Treasury,Economy,Federal Reserve,Inflation,Wall Street,Unemployment
Don't believe the happy talk coming out of the White House, Federal Reserve and Treasury Department when it comes to the real unemployment rate and the true “Misery Index.” Because, according to an influential Wall Street advisor, the figures are a fraud. In a memo to clients provided to Secrets, David John Marotta calculates the actual unemployment rate of those not working at a sky-high 37.2...