Economy Doing Great!
Except for this little glitch:
Get ready for another "hiccup:"
- In what was an "unambiguously" unpleasant April jobs payrolls report, with a March revision dragging that month's job gain to the lowest level since June of 2012, the fact that the number of Americans not in the labor force rose once again, this time to 93,194K from 93,175K, with the result being a participation rate of 69.45 or just above the lowest percentage since 1977, will merely catalyze even more upside to the so called "market" which continues to reflect nothing but central bank liquidity, and thus - the accelerating deterioration of the broader economy.
Great.
Labels: national politics
posted by SCC at 12:29 AM
16 Comments:
We are importing illegals from south of the border to do the work all those Americans not in the labor force no longed do. And, we got a twofer on the illegals. They will all vote democrat.
Don't blame it on Obama, his appointees, or democrats. Bush maybe. Obama though the economy was doing great, until he read the reports in the newspaper.
The American Economy is going into shitter very soon..The violence and turmoil will be like nothing we have ever seen..Especially when they start cutting back on the entitlements to won't work welfare crowd. They going to go absolutely bananas..🐵🐵
With Obamacare, why work? Just join the party train for free everything. Rent, Link card, free phones, food pantries, etc...
Play with the numbers until you make them say what you want them to say.
Notice how the jobs numbers are GREAT and then get adjusted downward? The population and press seem to ignore the revision numbers. The pattern I see is 2 great months followed by a bad month with a revision for the previous 2 months downward. You cant trust the propaganda from this Labor Dept. It has been corrupted.
Obama blames the snow and cold weather this winter for the sluggish economy. You see, snow is WHITE and it must be RAAAACIST. It must be a global-climate-change-deniers' plot to bring down the first AA president in history.
"...the accelerating deterioration of the broader economy..." -- SCC
...as evdenced by the quintessential mouth-full-of-s__t character which has virtually taken over WBBM radio by now with its endless paid commercials.
"I is been a flippin 600 houses right under you nose.
"If you call me I not only give you the $10,000 but all the cash you will ever need -- free."
"Seating is very limited."
>aha< >fft<
They keep it that way -- along with keeping the room cold, locking the door so it's a hassle to even go to the bathroom, etc. Old, old cult/high-pressure tactics.
Tony Robbins with the $50,000 teeth is going to come in stage left on a rope like Tarzan to "train the trainers" and "motivate you" any minute now.
What ever happened to him?
*
"With Obamacare, why work? Just join the party train for free everything. Rent, Link card, free phones, food pantries, etc..."
5/11/2015 06:28:00 AM
Is that so. Ever tried it yourself?
Call 311 for "help." You got a big surprise coming.
Only people getting "help" are the ones on the other end of the line, probably pulling $55,000/year to tell you to f__k off.
You can sleep in the "reception area" if you like laying on cement.
This is what a recovery looks like. Employment keeps growing. Unemployment keeps falling. And we ignore occasional hiccups in the data.
Well if Congress would approve a Jobs & Infrastructure Bill you see a different outlook.
"We are importing illegals from south of the border to do the work all those Americans not in the labor force no longed do. And, we got a twofer on the illegals. They will all vote democrat.
5/11/2015 12:32:00 AM"
Apparently you do't see the flawed logic in your statement which is exactly what George Bush said in 2004 and was echoed by John McCain and is pretty much the orthodoxy of the GOP. So tell why would they allow people that would become potentially vote democrat?
The average pace of job growth over the past 3 months is +191k. Feb was strong, March was weak, April healthy. Recovery continues. I would coincide a there has been a run of bad numbers in a range of other indicators, but it is reassuring to see that the labor market still looks healthy.
True economy in the toilet, have 2 cousins both union for over 25 years out of work, welder and sheet metal guys, Obama said we need welders but where are the jobs? Many illegals are filling the open positions, working for close to nothing and stealing citizens social security numbers! Who do you know that got a decent Job recently,perhaps in past couple of years? Crickets!!
Everyone is kicking the can down the road. They are all hoping someone else runs out of road first. Everyone knows there are BIG problems in everyone's economy and banks, not just ours. There are a dozen governments that could fall in violent revolution in the mid-east and Africa too. If one goes, the others may collapse too.
That will be the guy they all blame when it all goes to shit. No one wants to be That Guy.
Let's keep importing more illegals and giving them work permits. Insane.
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