The Collapse of the Middle Class: America’s Hidden Depression

The Big Lie of Full Employment For decades, Washington has spoon-fed us phony numbers to keep the masses sedated. The official unemployment rate—some pitifully low 4.2%—is a farce. Gene Ludwig and the Ludwig Institute for Shared Economic Prosperity (LISEP) finally ripped the mask off this scam. Their measure pegs the real unemployment rate at a gut-punching 24.3%. That’s a depression-level figure, not some garden-variety recession. But here’s the real kicker: you can work one hour a week scrubbing toilets and still be counted as “employed” by Uncle Sam’s bean counters. That’s how they keep the charade going. They’ll tell you to pull yourself up by your bootstraps while they bury you in debt and inflation. This isn’t a new trick.…