Thursday, May 7, 2015

Steve Wynn: America Is In A Very Bad Place


International gaming and casino magnate Steve Wynn said this week in a PBS interview that the great economic recovery is pure fiction. The founder and CEO of Wynn Resorts told John Ralston of KNPB that labor statistics are inaccurate. 
“Well, The idea that America is in the grips of a great recovery is pure fiction. It’s a lie. It’s not true. It’s a jobless recovery because recoveries are marked by the amount of real employment. And if you count the people who have left the work force, real unemployment is 15 to 20 percent.”
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