Lies, Damn Lies, & BLS Statistics
By Jim QuinnThe Burning Platform
March 5, 2016
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So, we have the BLS reporting tremendous job growth over the first two months of 2016, while actual payroll tax data and actual corporate layoff announcements showing little or no growth. Who to believe? Wages are dropping. The number of hours worked is dropping. The number of part-time jobs is soaring. The number of self-employed Ebay sellers is going up. Retail sales are terrible. Polls show most people think the economy is on the wrong track. Corporate profits and all economic indicators indicate recession. Establishment politicians are being tarred and feathered. Do you believe the facts or do you believe the government manufactured propaganda, propagated by their corporate MSM mouthpieces, and peddled by the Wall Street criminal bankers?
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He correctly calls it the “The Bureau of Lies & Scams”!
It should be unnecessary to estimate anything!
Use the tax withholding data — number of people paying taxes and how much they pay — and there is no need for fudging (i.e., adjustments).
Over time all the “seasonal effects” will sort themselves out.
Unfortunately, “We, The Sheeple” are fooled by all the “adjustments”.
But you just have to look with your own eyes. Just yesterday, I rode by several half empty shopping centers and several completely empty one. Add all the stand alone sites that are empty and available!
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