Peter Schiff

And then I went and I got photographs on the internet of the exact same newspapers and magazines from 10 years earlier.

And I looked at the prices and I just compared them.

And the actual increase was 130%.

So who knows how you put 130% in and only 30% comes out.

That is the magic of the CPI.

So, you know- Well, that's just, that's lying.

Well, yeah, that's what they do.

I mean, unemployment, the way they measure unemployment now-

They used to, when they measured unemployment, the official rate.

So when they go back and they say, hey, unemployment's not as bad as it was in the 70s.

Of course, it's actually worse if we measured it the way we measured it then.

Because back then,

if you were part-time, had a part-time job, but you were looking for a full-time job, you were still unemployed.

And now you don't count, right?

You can be working one hour a week

And you're not unemployed anymore.

Even if you spend the rest of the week looking for work, you're still not unemployed.

You used to be unemployed.

If you stop looking for work because you can't find a job and you're just tired of looking, you really want one, but you're just not looking because you're convinced there is no job for you.

You used to be counted as unemployed.