Thursday, August 29, 2024

Downward Revisions?

You trust the government with numbers, right?

  • The US economy added 818,000 fewer jobs to the economy than initially reported from April 2023 through March 2024.

    That's according to a data revision from the Bureau of Labor Statistics, which periodically revises job-growth data based on its Quarterly Census of Employment and Wages report.

    The jobs revision is in the middle range of Goldman Sachs' 600,000 to 1 million estimate, and it represents the biggest downward revision since 2009, when the BLS revised employment growth lower by 824,000 jobs.

So the "greatest economy is history" that the drooling vegetable and the kackling moron have been touting all year turns out to have created over three-quarters-of-a-million less jobs than they were bragging about. And all those "gains" the economy has been "growing" on don't actually exist. 

Government jobs are the "growth" sector and more government means....more taxes. And most of those other jobs "created" were actually just people returning to their COVID shut down jobs

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10 Comments:

Blogger The Keesing Bandit said...

You expected accuracy? In an election year? Now, kees me you fool!!!!

8/29/2024 04:06:00 AM  
Blogger The Keesing Bandit said...

You expected accuracy? In an election year? Now, kees me you fool!!!!

8/29/2024 04:07:00 AM  
Anonymous Anonymous said...

All the numbers are made up and phoney. Why are they always revised? The BLS and all those consumer numbers are purely made up out of whole cloth.

8/29/2024 06:42:00 AM  
Anonymous Anonymous said...

Democrats to blame.

8/29/2024 07:01:00 AM  
Anonymous Anonymous said...

And no media outlets expose these truths about the economy. When the job numbers come out, they are big as to highlight a growing and good economy. Months later these are revised and people forget and it’s a “ no news event” as it’s a small topic because it’s a “ revision” this is done by design to hide the truths of a bad government and bad economy. Open your eyes to what these democrats are doing , it’s not good . They are lying to us .

8/29/2024 07:13:00 AM  
Anonymous Anonymous said...

Wait a minute...you mean they lied???

8/29/2024 07:59:00 AM  
Anonymous Anonymous said...

It has been proven several times that 42.3% of statistics are lies and 28.8% of the remainder or false.

8/29/2024 09:05:00 AM  
Anonymous Anonymous said...

Don't look at the reality in front of your face... look at this strawman over here. Keep telling yourself democrats: Biden is the greatest president in history, Commie Harris can actually answer questions on her own, JB Lizzo is not a complete dipshit fata$$, Conehead is smart(he was a teacher) and doesn't hate white people, and Trump is a danger to the future of democracy!

8/29/2024 09:46:00 AM  
Anonymous Anonymous said...

And crime is down too. Just ask any merchant.

8/29/2024 10:00:00 AM  
Anonymous Anonymous said...

Just a downtick in the uptick....

8/30/2024 08:45:00 AM  

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