A flashback to a CNN article from just before the 2004 election era shows just how unbelievable today's new unemployment numbers are. In September 2004, new numbers came out, showing a drop in unemployment from 5.5% to 5.4%. At that time, with a much lower unemployment number than we have today (around 8% today), the increase in new jobs that caused a 0.1% decrease in unemployment was 144,000. So, let's get this straight. With 144,000 new jobs in a smaller U.S. population (about 295 million in 2004 vs. about 314 million today),
Look around you. Has anything changed? Consumer spending is down. Manufacturing is down. Orders are down. The GDP is down. Even NPR reports: " There was a sharp drop in demand for durable goods last month." (September). Strip malls everywhere sit with empty space for lease yet somehow jobs are up like, somehow, magically, the economy just jumped 5 percent overnight! Hand me the phone. I'm calling BS!
This is a fraudulent and a criminal act. Its time stop just hand wringing about these things saying "The BLS boys will be boys". The incoming Romney Administration owes it to the people to investigate this Unemployment Gate.
The Administration should be embarrassed. Even a junior high school math class could see the figures don't add up. These people need to be laughed out of town - none of them should ever be allowed back in Washington DC.
This is an obvious lie and should have been expected. Rush predicted this would happen months ago. No incumbant has ever won re-election with an unemployment rate of 8% or higher, so voila, the number is now, wait for it, 7.8%. What is really sad is how the conservative pundits are always 'surprised' and 'alarmed' about how far liberals will go to deceive the public.
I wonder if the Obama patsies providing these numbers realize that THEY are the ones who will take the fall and that Obama will relate that he is ONLY repeating the information provided him by so-in-so.
Since many previous Obama supporters have recognized their error and are finally understanding that Obama is a liar, that means these new and miraculous numbers must be intended for the community organized ones and others who voted ONLY for a skin color.
Nefarious goings-on was my first thought when I saw that 7.8 number, too. But I think the household survey (which is not mentioned in the article) that came up with an over 800,000 new job number is a really out of whack number, but an anomaly. Nothing else adds up.
But here's the thing - if it is just one of those crazy numbers that just randomly happens, next month's numbers should move back to where they actually are. In other words, the Friday before the election should see unemployment move back over 8%.
The president, his press secretary, the Secretary of State and our UN ambassador lied about the Benghazi murders for 9 days (in Obama's case, even longer) and we are shocked that his Dept. of Labor would find a way to cook the books just before the election? C'mon people.
Zippy says it's "just arithmetic." Well, maybe that's what it's called in that indonesian muslim school he attended. I suspect that since zippy desperately needed this number, he got it. Jack Welch jumped all over it on day one. He's seldom if ever wrong.
We have had a 6.44% increase in population since 2004. So in 2004 a .1% drop in unemployment equates to 144,000 people. To drop .1% today that 144.000 people would be multiplied by 6.44% or 144,000 x 1.0644 = 153,274. It would take 153,274 people, being employed today, to drop the unemployment rate .1%; but according to the DOL, we had a drop of .3% (8.2% to 7.9%) or three times that rate. So 153,274 x 3 = 459,821. That’s almost an increase of employment by a half a million people, yet the DOL claims that only 114,000 new jobs were created.
Swami Rush Limbaugh called this months ago. He guaranteed the rate would be manipulated to below 8% by the election. How much didn't matter. The media will only focus on the 7% and not numbers after the decimal point. No President has ever been elected with a rate above 8% so, voila, 7% it is.
No surprise the phony numbers are being met with deep suspicion; also no surprise that the media ignores the intellectual insult to the public and continues acting like they're handing out candy with every lie theu repeat.
Reply 38 - Posted by:
red oak, 10/6/2012 10:04:59 AM (No. 8913969)
Notice that they took it to 7.8% and not just just under 8 i.e. 7.9%. They are sooo clever. "Let's take it down to 7.8% otherwise they'll accuse us of just trying to get it under 8%."
These people are criminals. I want an attorney general that will go after them all. The arrogant lowlifes deign to destroy the greatest country that ever has or will exist, with blatant lies and manipulation simply because they have the lack of soul that it takes to be repulsed by their own reflections in the mirror.
They are as conscienceless as jihadists since they think they're right, and tell themselves that we're the bad guys. No difference.
What you mathematicians have all failed to account for in inflation. If you take the 8.1% unemployed and add the .1% you come up with 8.2% then adjust it for inflation and bingo you have 7.8%. Jeesh, where did you people learn to do math? School or sumpin.
Like the rest of you, when I saw these numbers (on Drudge) yesterday, I was furious. Not only because without some major works projects (e.g., Keystone Pipeline construction) there was nothing to have generated them, but also because it took Mitt's magnificent win off the front pages.
This event is ominous, folks. It tells us, among a host of other things, that Obama and the rest of the Chicago thugs...and their media...care not what we think. Hilda Solis, et al., can gin up the most egregious lies and the media will put them out there for the sheeple to believe.
The main defense of these numbers I've heard is that the BLS numbers are generated by a group of statistics "wonks" who are not influenced by political considerations. While in general this may be the case, they are still humans, and human intelligence can be skewed or even downright corrupted. We've just been through an example of that with the professional "intelligence" regarding the Benghazi assassinations. We've all learned to live with bogus inflation numbers that omit critical items like food and fuel because they are "seasonal". Does anyone deny that our wallets are feeling the squeeze? If there is a way that the BLS numbers can be skewed or corrupted, this Chicago gang can find it.
The telling evidence to me is that the unemployment rate itself, despite the claimed volatility, plots a relatively "smooth" curve - with only minor variance from the trend line - over the past several months. Then comes this month's sharp deviation, just in time for early voters. Coupled with lack of correlation with the other metrics, and the only conclusion to be made is that this unemployment rate is simply bogus - for whatever reason.
In America, we used to have a press that would pounce on a story so transparently suspicious. Now we have a press that simply spews the party line. Why pay for a subscription to the New York Times when you can get all the same "news" free from the DNC?
Maybe it's just me, but it doesn't look like these cooked-up numbers are making much of a splash, except among folks who are already in 0's back pocket. And even the back-pocket MSM doesn't seem to be playing them up like I would expect. Am I missing something or is this just too verifiably fraudulent for the lames to risk their fast-fading credibility on?
Jobs went up 300,000 jobs and the unemployment drops .1%. The jobs supposedly rise by 114,000 jobs and the unemployment drops by .3%. And food stamp recipients keeps rising quarter by quarter. There are so businesses in our area that are closing it is scary. Walk in to any restaurant mid week and they are ghost towns. But the government could afford to hire more bureaucrats?
Oh yeah, Hilda Solis' fake outrage was breathtaking to behold. Love that whole 'My staff is comprised of consumate professionals with unimpeachable ethics' angle she tossed out as a defense. You know what? She's right: The GS 14's and 15's ARE straight shooters and far from corrupt. But Solis is not. And her SES scale lackeys are not either. And THEY are the ones who take the good faith estimates, impose 'Back Office Adjustments' (lies, in common parlance) upon them, and trot them out as if the raw data were fed into a great agnostic Number Cruncher and what it spit out is what we get.
This was a lie too far. And a bit too egregious, even for this rogues gallery.
How lazy is the American news media?! (Fox included.) Doesn't truth matter to ANYONE? This is not rocket science. Unemployment claims figures are supplied by the states. How hard would it be to assign five staffers to make 10 calls each, get the state totals and average them?
Why so quick to believe info supplied by an administration proven over and over again to be infected with a consistently flagrant, bold and remorseless penchant for mendacity?
As I told family members and friends(?) who called to boast after the 2008 election "if a man will lie to get a job, he will lie to keep it." The closer democrats come to losing control over the American purse, the bolder they will get. It ain't over yet. Brace yourselves...
I would love to see Paul Ryan deconstruct these numbers and at the same time mess with Biden's head. Oops, I forgot, Joe only has half a brain. As for Hilda Solis, another female Obama stooge falling on her sword trying to save her job. It's so obvious and predictable.
Hey, why wouldn't you believe these numbers? Don't you folks trust this administration? I guess my only question about this dramatic drop in that rate so close to the election is why they didn't have Susan Rice announce them Friday morning.
This number is totally believable if you believe that 1.2 Million NEW people stopped looking for work all of a sudden. Then again, didn't this administration just lift the requirement to look for work in order to receive government assistance?
The fact that they can be so blatantly dishonest isn't even shockingly new news.
What would be mind boggling is if the lame stream media became honest journalists. Pop media and their social network--like Hollyweird, thinking and acting alike is herd behavior. But journalists aren't high school dropouts--we have a right to expect better.
The 47% will wave their obama flags a bit faster at the news. Mitt's right about o's 47%. No need to waste time on them campaign-wise. These are the people who believe Sarah Palin is worse threat than Putin or China. Easy to get them to "otherize" the opponent. They aren't the brightest bulbs on the national tree.
#65, I like that term the politicos and new media uses for those ''not the brightest bulbs''... ''Low information voters'' LOL, You know so low on information they can't name the VPOTUS or, when ask them if they like the idea that Obama has chosen Palin as his VP this time around, they think about for a second kinda like the idea. There's millions of these low information voters, ripe for Obama's picking, and he knows it.
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