In My Own Little Insulated World,

the unemployment rate is 100 percent, but in the "real" world, what is the true figure? Is it just under ten percent, is it 16 percent, is it 22 percent, or is it something else?

When we have the "official" figures, which are bad enough, politicians in their own little bubbles think the unemployment situation is better than it really is.

It's because the government uses a Nielson-type telephone survey instead of state figures on jobless claims or other data to arrive at the unemployment rate. And it is surely underestimating just how bad it is out here.

As the article notes, the official figures ignore those who have stopped looking for work after not being able to find it, and others are forced to take part-time jobs or jobs far below their skill set.

Obama is going to own this jobs mess despite not having started it because his priorities were completely screwed up wasting an entire year with health care "reform."