International gaming and casino magnate Steve Wynn said this week in a
PBS interview that the great economic recovery is pure fiction. The
founder and CEO of Wynn Resorts told John Ralston of KNPB that labor
statistics are inaccurate.
“Well, The idea that America is in the
grips of a great recovery is pure fiction. It’s a lie. It’s not true.
It’s a jobless recovery because recoveries are marked by the amount of
real employment. And if you count the people who have left the work
force, real unemployment is 15 to 20 percent.”
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