Skip O'Neill – Liberty for All

Ron Paul for A New Direction

Unemployment

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McDonald’s recently had their own “National Hiring Day” in which they encouraged Americans to apply for new jobs at the company. All together, 1 million Americans applied for 62,000 jobs at McDonald’s and over 900,000 Americans had to be turned down. This is a sign that despite the Federal Reserve printing trillions of dollars out of thin air, the U.S. economy is still in a severe downturn without the possibility of a real recovery.  The McDonald’s hiring event resulted in 6.2% of applicants getting jobs.  This tells me that it is harder to get a job at McDonald’s than it is to get admitted to Harvard, where the admission rate is around 8%.  Go figure?

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