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Doncha just love the smell of tuna casserole? Obama does... LOL
Fuzzy Math?: CNBC Describes New Unemployment Numbers as 'Contradictory'
Annette
2012/10/05 17:54:28
Also questioning this "fuzzy math" by the Bureau of Labor Statistics is ABC's Chris Cuomo, and MSNBC's Joe Scarborough.
Here is an excerpt from the link below:
Link: http://www.breitbart.com/Big-Government/2012/10/05/Fuzz-Math-...
Here is an excerpt from the link below:
"Adding to the mystery is the fact that
the U-6, the longtime underemployment and unemployment number, remained
fixed at a dismal 14.7%.
"What this .03% drop means (per Ed Morrissey)
is that the number of unemployed people dropped by 456,000 when only
114k jobs were created--well below the monthly average, and below
population growth. Where did 342k people go to lower the number so
dramatically just 31 days before a presidential election? Did they
retire, leave the planet, die of old age in the unemployment office?
"Moreover, just 30 days before the election, 342K people dropped off the unemployment rolls and lowered the unemployment rate to below 8%---a benchmark number vitally important to Presdient Obama who promised his stimulus would ensure we wouldn't hit 8%."
Link: http://www.breitbart.com/Big-Government/2012/10/05/Fuzz-Math-...
Top Opinion
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+8ROFL'ng .... yea, anyone who believes unemployment dropped OVERNIGHT from 8.2% to 7.8% (and "suddenly" after Obama's abysmal performance in his debate with Romney several nights ago) ... will also believe it when I tell you that at age 65, I woke up this morning pregnant with twins!
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Doncha just love the smell of tuna casserole? Obama does... LOL
The kids filed into class Monday morning. They were all very excited.
Their weekend assignment was to sell something, then give a talk on salesmanship.
Little Sally led off. "I sold Girl Scout cookies and I made $30" she said proudly, "My sales approach was to appeal to the customer's civil spirit and I credit that approach for my obvious success."
"Very good", said the teacher.
Little Debbie was next. "I sold magazines" she said, "I made $45 and I explained to everyone that magazines would keep them up on current events."
"Very good, Debbie", said the teacher.
Eventually, it was Little Johnny's turn. The teacher held her breath. Little Johnny walked to the front of the classroom and dumped a box full of cash on the teacher's desk. "$2,467", he said.
"$2,467!" cried the teacher, "What in the world were you selling?"
Toothbrushes", said Little Johnny. "Toothbrushes", echoed the teacher, "How could you possibly sell enough tooth brushes to make that much money?"
"I found the busiest corner in town", said Little Johnny, "I set up a Dip &Chip; stand and I gave everybody who walked by a free sample."
They all said the same thing, "Hey, this tastes like dog poop!" Then I would say, "It IS dog poop. Wanna buy a too...
The kids filed into class Monday morning. They were all very excited.
Their weekend assignment was to sell something, then give a talk on salesmanship.
Little Sally led off. "I sold Girl Scout cookies and I made $30" she said proudly, "My sales approach was to appeal to the customer's civil spirit and I credit that approach for my obvious success."
"Very good", said the teacher.
Little Debbie was next. "I sold magazines" she said, "I made $45 and I explained to everyone that magazines would keep them up on current events."
"Very good, Debbie", said the teacher.
Eventually, it was Little Johnny's turn. The teacher held her breath. Little Johnny walked to the front of the classroom and dumped a box full of cash on the teacher's desk. "$2,467", he said.
"$2,467!" cried the teacher, "What in the world were you selling?"
Toothbrushes", said Little Johnny. "Toothbrushes", echoed the teacher, "How could you possibly sell enough tooth brushes to make that much money?"
"I found the busiest corner in town", said Little Johnny, "I set up a Dip &Chip; stand and I gave everybody who walked by a free sample."
They all said the same thing, "Hey, this tastes like dog poop!" Then I would say, "It IS dog poop. Wanna buy a toothbrush? I used the President Obama method of giving you some crap, dressing it up so it looks good, telling you it's free and then making you pay to get the bad taste out of your mouth."
Little Johnny got five stars for his assignment. Bless his heart.
I'll drink to that!
This morning, the Wall Street Journal reported the following:
"U.S. payrolls, obtained in a separate survey of employers, increased by a seasonally adjusted 114,000 jobs last month, the Labor Department said Friday. Economists surveyed by Dow Jones Newswires expected a gain of 118,000 in payrolls and an 8.1% jobless rate."
So, a gain of 118,000 would have resulted in an 8.1% rate but a gain of 114,000 resulted in a 7.8% rate? How do fewer jobs actually result in a lower unemployment rate?
The Bureau of Labor Statistics has a reputation for honest work. The monthly jobs report is put together by dozens of career professionals who tabulate and analyze data. Mainstream economists say that with so many people involved, manipulating data is extremely implausible. The BLS report is supported by an independent measure, which found similar results. Gallup, the polling company, calculated that September's unemployment rate, without seasonal adjustments, fell to 7.9 percent, which was "the lowest [level] Gallup has recorded since it began collecting employment data in January 2010."
The next job numbers come out the day before the election!
31 days, 10 hours, 34 minutes, 42 seconds till November 6th! Yea, I'm counting the seconds! And then we can say bye bye to
The DEMS are cooking the books for obie and that was just made real clear.
So, if little Susie decided to sell rutabagas on the corner to help out Mom & Dad pay the bills last month, she entered the workforce and was counted as employed.
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Doncha just love the smell of tuna casserole? Obama does... LOL
So it's not "conservatives" questioning this jobs report. It's CNBC saying 0bama's math doesn't add up!
Don't they know they're employed by the 0bama campaign?