Tuesday 6 September 2011

Taking the day off.............from Rico

For all those who are "taking the day off...from looking for work" [once known as Labor Day, pre-hopenchangen].

The same statistical gimmicks and phoney-baloney reasoning that allows the bureaurats to LIE to us with straight faces and say that unemployment is running 9.1%....and not over 23% (the real number as it would be calculated 30-years ago), has allowed them to claim that ZERO jobs were added to the NFP (non farm payroll) for August. Zero. Zip. Nada. Bupkis. Well, not exactly and not really. If you thought zero was a bad enough number, it sounds a helluva lot better than the 'real' number.
- WE LOST 58,000 JOBS frm July to August. Really. I kid you not.

And wait....there's MORE!!!
The US has the same number of jobs today as it did in 2000...but the population today is 30 million larger.
- To get the same employment-to-population ratio as 2000, 18 million jobs would be needed.

Gee....I can hardly wait to 'hear' what the Clown-in-Chief will read from his teleprompter next week!
- Whatever BS he serves up, you can (a) count on it costing the remaining taxpayers more money, (b) it will be geared more towards saving his job [read: re-election campaigning], and (c) it will be worthless and ineffectual...accomplishing no positive results [just like the reader].

Rasberries!

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