Dylan Ratigan Show: "Real" Unemployment Rate is 20%

Very frightening news on the economy described on Dylan Ratigan program. The so-called recovery from 1997 recession is one of the weakest on record. The economy is still very weak. And not enough jobs are being created; we need to have 30 million. In addition, the European debt crisis is threatening our and the world's economy. It certainly doesn't help that major retailers, K-Mart and Sears are laying off large numbers of employees.

The analyses was given by the a fomer Presidenti advisor, Alan Blinder.