Off-Topic: Speaking of lies...I highly recommend this
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Name:
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MartiniMan
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Subject:
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Speaking of lies...I highly recommend this
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Date:
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3/8/2024 2:52:18 PM
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When it comes to jobs you have got to read this analysis of the latest report. This is based on BLS data and it has quite a number of shocking revelations. Some highlights....or lowlights is probably a better way to put it. 1) There were no new full time jobs created in February and in fact they declined....it was all part-time jobs. 2) While BLS shows job creation through their magical methods, ADP (a more reliable measure) shows an accelerating slowdown (ever wonder why you hear about all these layoffs and all this job cretion at the same time? Wonder no more); 3) almost all the job creation in the last 6 years, including during Trump's tenure, were given to foreign-born (legal and illegal, but mostly illegal) workers; 4) the booming January numbers were adjusted downward by over 30%... we can expect the same for February, long after the ridiculous headlines were written.
Read this and weep....but when some leftist like Goofy tells you how great things are you have plenty of ammo to burst their delusional balloon. This is why people don't think the economy is strong....because it isn't and the $380B in GDP in January cost us over $800B in new debt.
https://www.zerohedge.com/economics/inside-most-ridiculous-jobs-report-recent-history-12-million-immigrant-jobs-added-one
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