Cross-posted from Paul Craig Roberts
In his report on the Bureau of Labor Statistics'
latest jobs and unemployment report, statistician John Williams (shadowstats.com
) writes: "The July employment
and unemployment numbers published today, August 3rd, were worthless and likely
I will spare the readers an explanation of Williams'
account of the manipulation that is occurring as it is too arcane for the
Instead, Let's just apply common sense. According
to the BLS, there were 163,000 new non-farm payroll jobs created in July. This
figure is about 13,000 more jobs than is needed to keep pace with population
growth. Therefore, the unemployment rate should have declined fractionally.
Instead, the unemployment rate (U3) rose from 8.2% in June to 8.3% in July.
In case you missed the point, new jobs, a net
figure, rose and so did the unemployment rate!
Moreover, the alternative -- but much less reported --
jobs report from the Household Survey found that the economy lost 195,000 jobs
The government that lies to you about weapons of
mass destruction in Iraq, about Iraq's al Qaeda connections, about the Taliban
in Afghanistan, about Osama bin Laden, about Libya and Gadhafi, about Iranian
nukes, about Syria, about Pakistan, about Yemen and Somalia, about Bradley
Manning, about Julian Assange and Wikileaks, indeed about everything under the
sun, also lies to you about jobs, unemployment, economic recovery, GDP growth,
9/11, the "terrorist threat," -- everything. Try to find anything that the
government has said over the past six presidential terms that is not a
Other than some minor insignificant detail, "your"
government has been consistently lying to you about everything of
"Your" government lies to you, because "your"
government has an agenda that it most certainly will not tell you about, because if you
knew what it is, you would revolt. Putting down the revolt would divert the
government from its agenda. It would also alert the rest of the world to the
fact that the US government has an undeclared agenda of world domination,
despite the costs to the American people and every other people.
World War III
Nuclear annihilation is the necessary outcome of
the neoconservatives' drive for US world hegemony. Syria can fall, and Iran can
fall, but Russia and China are unlikely to accept their reduction to puppet-state status. As both are nuclear armed and as the crazed criminals in charge of
the US government are wallowing in hubris, nuclear war seems inevitable.
The world's most mortal enemy is Washington. If
Washington prevails, the world will be dead or in slavery to Washington,
including all american subjects, whether Democrats or Republicans.
Don't let it ever be said that your enemy, whatever
your country, has not been identified.
Dr. Roberts was Assistant Secretary of the US Treasury for Economic Policy in the Reagan Administration. He was associate editor and columnist with the Wall Street Journal, columnist for Business Week and the Scripps Howard News Service. He is a contributing editor to Gerald Celente's Trends Journal. He has had numerous university appointments. His books, The Failure of Laissez Faire Capitalism and Economic Dissolution of the West is available (more...)