Dr Paul Craig Roberts: SERIOUS ECONOMIC DETERIORATION

Former Assistant Treasury Secretary Dr. Paul Craig Roberts says, “There has been no recovery whatsoever. . . . If you look at the economy realistically, and that means you don’t use their phony numbers, there has been no recovery whatsoever and, in fact, it continues to worsen. We see that the “Labor Force Participation Rate” continues to sink. . . . When you consider the full measure of unemployment . . . we still have an unemployment rate of 23% after 7 years of an alleged recovery? I think this is the first so-called recovery where the labor force fell. Normally, when you have a recovery, people re-enter the labor force and the participation rate rises.”


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