Article

2012-01-06 Economy

Real Unemployment 11.4% - Bureau of Labor Statistics Cooking the Books?

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Posted by GolfBravoUSMC 2012-01-06 11:33|| || Front Page|| [3 views ] Top

#1 They are cooking the numbers as hard and as fast as they can to keep the government looking like it is doing positive for the economy instead of just borrowing money and spending into oblivion.

Posted by DarthVader 2012-01-06 14:19|| 2012-01-06 14:19|| Front Page Top

#2 If the government can convince the people they are doing better, then the people are likely to BEHAVE like they are doing better, and borrow/spend money again, which will (at least temporarily) actually stimulate the economy.
The other somewhat successful approach they have taken is to create serious inflationary pressure, which convinces those with financial assets that their assets are going to decrease in value, and that they should go ahead and spend them NOW, before that happens. Again, that spending stimulates the economy.
On the other hand, that which cannot continue forever will not. And eventually lies kill people.

Posted by Glenmore 2012-01-06 15:23|| 2012-01-06 15:23|| Front Page Top

#3 Yah, they don't include non-registered unemployed.

I don't remember hearing many complaints when Reagan supported workfare. Except from big labor.

Posted by Elmaimp the Batty1777 2012-01-06 15:23|| 2012-01-06 15:23|| Front Page Top

#4 First ILLEGAL IMMIGRATION, now comes the BLS + NATIONAL EMPLOYMENT RATES, + all in just three days this week.

Posted by JosephMendiola 2012-01-06 18:34|| 2012-01-06 18:34|| Front Page Top

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