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Saturday, March 10, 2012

postheadericon Ron Paul: Unemployment 'probably closer to 20 percent'

Ron Paul dismissed Friday's jobs report while campaigning in Kansas, saying he believed American unemployment was "probably closer to 20 percent."

“You know what the unemployment rate really is? It’s probably closer to 20 percent,” Paul said, according to The Washington Post. “Today they were talking about the good news reports, but they’re very, very token.”

In a statement released by the campaign Friday, Paul said that the jobs figures â€" which showed that the economy added more than 225,000 jobs but that unemployment remained at 8.3 percent â€" were evidence that the president's stimulus plan had failed.

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