Tuesday, April 29, 2014

More Numbers From Fantasyland

As the stock market plies new highs, Joe Lunchbucket is being plowed under.

Every number the government publishes is a fabrication, and they have no shame even when the inconsistency should be obvious to a casual observer.

According to new numbers that were just released by the Bureau of Labor Statistics, 20 percent of American families do not have a single person that is working. Government's 7% unemployment number is fiction, not cut from whole cloth but pursuant to a formula today that renders the number meaningless.

According to the employment-population ratio, the percentage of working age Americans that actually have a job has been below 59 percent for more than four years in a row, meaning 41% of working age Americans have no job.

Net-Net: The "recovery" is as phony as the numbers.

More at:http://www.blacklistednews.com/The_Real_Unemployment_Rate%3A_In_20%25_Of_American_Families%2C_EVERYONE_Is_Unemployed/34835/0/38/38/Y/M.html


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