Today's unemployment numbers were a shock! Estimates were for 150,00 to 200,000 new jobs to be created ... the actual reported number was 38,000 ... quite a miss ... see: New York Times Article. Still the unemployment rate fell from 5.0% to 4.8% ... a big drop considering the paltry new jobs being created. This was because the US workforce participation shrank by an almost unprecedented 500,000 after months of steady gains ... very suspicious.These mostly poor "statistics" could not have been better news for Hellery Clinton for a number of reasons:
1) They should keep the Federal Reserve Bank from raising interest rates this or next month or maybe not until December ... auguring well for the incumbent party in an election year
2) Like what was hinted at on CNBC this morning, if the true employment numbers were actually higher, they can be put in the bank and pulled out this coming November ... right before the presidential election
3) The Obummer administration can still brag about this (phony) low unemployment rate caused by this suspiciously large workforce shrinkage
Am I suggesting that the Bureau of Labor Statistics has become politicized and fiddles its reporting to help Democrats? Yes I am. And it is at least the third time that I think this has happened there in the last four years ... see: my Parboiled blog entry and the hyperlinks contained therein for the sad details. The Bureau of Labor Statistics, once a proud purveyor of the best data available, now seems to be engaging in subterfuge ... making up data to suit the political needs of its Washington bosses. And, it also seems that the stock market is beginning to discount these shenanigans ... for it is not down nearly as much as one might expect given today's dismal unemployment report. Perhaps Wall Street is rooting for Hellery?
If, as I suspect, the Bureau of Labor Statistics has been corrupted by this Obummer administration ... can we then add it to this administration's culture of corrupted ... the corrupt IRS (remember the Tea Party denials), the corrupted Justice Department (remember Fast and Furious), the corrupted State Department (remember Benghazi), the corrupted EPA (remember the killing of the coal industry), the corrupted Secret Service, the corrupted Department of Education (remember Common Core), the emasculated Defense Department, the corrupted Veterans Administration, the corrupted NOAA (remember climate change data "adjustments"), the corrupted Health and Human Services Department (remember Obamacare), the corrupt Energy Department (remember Solyndra, etc), among many others?
6 comments:
How is it that the defense department is not corrupt, just emasculated? Those poor sweet innocent boys just playing by the rules yet getting deprived of their testosterone...
The bigger issue was/is Obummer's purging of the military of its leadership ... see: "http://www.americanthinker.com/articles/2015/07/disaster_todays_warrior_purge_in_the_us_military.html"
The referenced article is about warriors, flyboys that have the swagger to fly multibilion dollar jets to fight an enemy that has no aircraft and that frives around inToyota pickup trucks. That is so shock-and-awe 20th century. The 21st century flyboys are in Colorado bunkers flying drones that take off from Middle East ships. They go home at night to the wife and kids.
Besides that the US has more military equipment and bases than the rest of the world combined. We are all sick of never ending wars that we simply do not win. Enough...
Perhaps we should win one of these asymmetric wars ...
You do have to wonder if the Department of War is really trying to perpetuate their franchise by never winning any of these wars.
That's why we should get rid of them ...
Post a Comment