Jobless rate officially over 10%

But that figure doesn't include those who have given up, or have not actively searched in the last 4 weeks, or those who were never officially on the lists, or those who traded a 'real' job, for minimum wage survival, or those who had their hours drastically cut, or those who took pay cuts to keep their jobs. The real figure, according to those who should know, is over 20%. Throw in the fact that those WITH jobs are cutting way back on spending, and you can see that the American economy is a snowball heading downhill, gaining speed. What's out there to stop it? I sure don't see anything...

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