Send a Tweet
Most Popular Choices
Share on Facebook Share on Twitter Share on LinkedIn Share on Reddit Tell A Friend Printer Friendly Page Save As Favorite View Favorites
OpEdNews Op Eds

Obama: Jobs Destroyer

By       Message Stephen Lendman       (Page 1 of 6 pages)     Permalink    (# of views)   No comments

Related Topic(s): ; ; ; ; , Add Tags
Add to My Group(s)

View Ratings | Rate It

opednews.com

Author 194
Become a Fan
  (191 fans)
- Advertisement -

Obama: Jobs Destroyer


Phantom numbers substitute for real ones.

- Advertisement -

by Stephen Lendman

Phantom numbers conceal dire conditions. Reports are manipulated to distort reality. Last year's data overstated about half a million jobs.

- Advertisement -

Seasonal adjustments turn reality on its head. So does the so-called "birth-death model." It estimates net non-reported jobs from new businesses minus losses from others no longer operating.

During current economic hard times, it magically creates nonexistent jobs. Even the Bureau of Labor Statistics (BLS) admits misreporting, saying:

"The confidence level for the monthly change in total employment is on the order of plus or minus 430,000 jobs."
- Advertisement -

Mark Twain's maxim about lies, damn lies and statistics perhaps applies mostly to government managed news misinformation. What matters most is concealed.

Claiming economic conditions are sound when real unemployment is 23% is one of the worst damn lies. Bipartisan complicity to destroy America's social contract when it's most needed shows total disregard for vital needs.

Next Page  1  |  2  |  3  |  4  |  5  |  6

 

- Advertisement -

View Ratings | Rate It

opednews.com

I was born in 1934, am a retired, progressive small businessman concerned about all the major national and world issues, committed to speak out and write about them.

Stephen Lendman Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines
Related Topic(s): ; ; ; ; , Add Tags
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEdNews Newsletter
Name
Email
   (Opens new browser window)
 

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

The McCain-Lieberman Police State Act

Daniel Estulin's "True Story of the Bilderberg Group" and What They May Be Planning Now

Continuity of Government: Coup d'Etat Authority in America

America Facing Depression and Bankruptcy

Lies, Damn Lies and the Murdoch Empire

Mandatory Swine Flu Vaccine Alert