Friday, October 05, 2012

Fishy



For those who read this blog site regularly it is clear why the unemployment rate in the recent Bureau of Labor Statistics (BLS) release “unexpectedly” dropped to 7.8%. Since this statistic has become so politically sensitive, the Chicago-style of political gamesmanship is to “fix” the number, not the problem. So last March, Obama broke a long tradition and named one of his political operatives to head this government agency (see: Funny Business). So shortly after this hack was confirmed, U.S. employment numbers were suddenly revised upwards by 453 thousand. Now, the September official BLS release shows a phenomenal one month increase in employment by 873 thousand (the biggest one-month jump ever, see: BLS Release and click on the HTML version of the A-1 table under Monthly Household Data). Wow!! This comes at the same time that second quarter GNP growth was revised downward to 1.3%. Realistically, this two things can’t happen simultaneously.

Watch the Obama administration and its stenographers in the Main Stream Media blare these phony unemployment rates from the roof-tops and in 18-point agate type … and demean those who question these shenanigans. This is extremely fishy and stinks up this election cycle even more. It is really unfortunate that our government now feels privileged to manipulate such statistics for political gain.

2 comments:

DEN said...

Today the polls show Obama and Romney even - do you believe them now?

George W. Potts said...

Just heard that the Pew poll is now oversampling Republicans (by 5%) as opposed to just the opposite (Democrats +8%) prior to the debate. This explains a lot ... I wonder why?