Rigged numbers drop unemployment rate – math is hard

October 5, 2012 07:50

A desperate labor department uses “working at home” and “self employed” to rig jobs numbers to push the myth of Obama’s recovery. Even with this rigged report the labor force is only one tenth of one percent above a thirty year low. The bottom line is there are still two million fewer people working than when Obama took office. If he “created” 4 million jobs he must have destroyed six million jobs. Can we afford four more years of national suicide?


Former GE CEO Jack Welch slammed the report in a tweet “unbelievable jobs numbers .. these Chicago guys will do anything .. can’t debate so change the numbers.”


Investor’s Business Daily explains that even with the rigged numbers it’s still horrible jobs news:

… let’s also ignore the fact that this “employed” number has jumped that high only four times in the past 64 years (not counting jumps resulting from changes in “population controls” used by the BLS).

And that every other instance was during a period of powerful economic growth.

It’s also all perfectly innocent, we’re sure, that as a result of these odd numbers, the jobless rate just happened to fall back down to 7.8%, right where it was when Obama took office, providing him good economic news just when he needed it the most.

…the drop in the official unemployment rate, if those numbers are to be believed, was driven largely by a big upturn in part-time jobs.

the BLS’ broader, but little noticed,measure of the unemployed — which includes discouraged workers and those working part time because they can’t find full-time jobs — remained unchanged in September at a gut-wrenching 14.7%.

… given the convenient timing of all these odd results, and that they all just happen to benefit Obama’s re-election efforts, it certainly smells fishy.




Bottom line is there are 61,000 fewer people working now than when Obama took office.

There are about the same number of people working as there was in 2005.

Can we afford four more years of economic suicide?



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