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Ron Paul says unemployment is 20%
CNN's Alex Zuckerman
(CNN) – A week after proposing his economic recovery plan, Republican presidential hopeful Ron Paul said Sunday that the true unemployment rate in the United States is higher than the 9.1% estimated by the Bureau of Labor Statistics.
"I think the downturn in the economy occurred in the year 2000," Paul told CNN, adding that there have been no new jobs since then "and yet we've had a 30 million increase in population."
Ron Paul says unemployment is 20% – CNN Political Ticker - CNN.com Blogs
CNN's Alex Zuckerman
(CNN) – A week after proposing his economic recovery plan, Republican presidential hopeful Ron Paul said Sunday that the true unemployment rate in the United States is higher than the 9.1% estimated by the Bureau of Labor Statistics.
"I think the downturn in the economy occurred in the year 2000," Paul told CNN, adding that there have been no new jobs since then "and yet we've had a 30 million increase in population."
Ron Paul says unemployment is 20% – CNN Political Ticker - CNN.com Blogs