There are lies, damned lies, and government statistics — and maybe none is more damnable than the official unemployment rate which is half the actual rate, according to Rasmussen. Worse, the number of Americans who are neither retired nor employed is more than four times higher than July's official rate of 4.3%. //

Rasmussen surveyed nearly 9,000 American adults and found that in July the percentage of Americans who are unemployed and looking for work — this is the number that the Bureau of Labor Statistics (BLS) should report each month — was 8.4%. The BLS reported a rosy 4.3% unemployment rate last month, up from June's equally imaginary 4.1%.

From there, things only get worse. Because under Bidenomics, of course, they do.

One in four adult Americans is retired, which is nice for them. Fifteen percent say they're entrepreneurs (that can be anything from driving an Uber to launching a Silicon Valley startup), and just under 30% are employed by a private company.

Nearly one in 10 work for the government at one level or another. //

That means the percentage of Americans who could be working and perhaps would really like to be working but either can't find work or have given up finding work is 18.1%. That's more than four times the official unemployment rate.

It also means that the 45% of Americans who do work in the private sector are, in one way or another, supporting the 55% who don't, can't, or won't work.