Peter Ferrara, Contributor
OP/ED | 11/27/2013 @ 8:00AM
Did The BLS Give Obama A Major Election 2012 Gift?
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Just before the election. How convenient.
That was totally unbelievable at the time, and I and others said so then.
In my Forbes column the very next week, “President Obama’s Unemployment Still Stuck at 14.7%,” I noted how inconsistent the supposed unemployment drop was with other contemporaneous economic data.
The sharp unemployment drop supposedly resulted from a total of 114,000 new jobs created in September, 2012, according to the Establishment Survey of business payrolls of the Bureau of Labor Statistics that the Obama Administration had been emphasizing throughout its first term.
But economist John Lott noted at Foxnews.com that the working age population had grown by 206,000 in September, 2012. With normal labor force participation during a recovery from a steep recession, that would have required 138,000 new jobs that month, just to keep pace with population growth, let alone to reduce the unemployment rate.
Moreover, the BLS also reported for September, 2012 that the number of full-time jobs declined by 216,000 in that month.
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Nothing like “cooking the books”!
A CEO or CFO would be in prison.
A politician gets reelected.
And, no one inquires.
Argh!
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Where are the yellow dog journalists?
OH, yeah, it’s “their candidate” doing it.
Argh!
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Reinke Faces Life 