Quantcast

No Truth to Obama "Job Gains" Reports - How the Obama Administration Lies With Statistics!

Ken 2012/04/07 05:20:41
WTF?  Why won't they tell us the truth?
Other (Please leave a comment.)
You!
Add Photos & Videos
"There are three kinds of lies -- lies, damned lies, and statistics." The quote was attributed to Benjamin Disraeli, the 19th century British Prime Minister by Mark Twain. As Dick Morris points out, the quote never had more accurate application than the phony unemployment figures the Obama administrations Bureau of Labor Statistics keeps releasing:
No Truth To January Job Gains
By Dick Morris on March 14, 2012

Published on TheHill.com on March 13, 2012

Obama’s
entire claim that the economy is reviving is based on phony numbers and
rigged statistics. Nothing is more misleading than the recent
administration claims that the economy added over 200,000 jobs during
each of the past three months and that unemployment is stable at 8.3
percent.

Dr. John Hussman of
the Hussman Fund says that the claims of job gains are based entirely on
weighted figures. “Total non-farm employment in the U.S., before
seasonal adjustments, fell by 2,689,000 jobs in January.”
Then the spin
doctors at the Bureau of Labor Statistics went to work. Hussman
explains: “because it’s typical for the economy to lose a large number
of jobs after the holidays, largely in retail trade, construction and
manufacturing, the BLS estimated that the ‘normal’ seasonal decline in
employment should have been 2,932,000 jobs in January. The difference
between the two numbers … was 243,000 jobs, which was reported as an
increase in employment.”

Hussman notes that this “adjustment” in
2011 and 2012 was far more extreme than in any previous year since the
1960s. Had the standard adjustment been used, instead of the souped-up
figure BLS applied, the total number of new jobs created would be only
about 60,000 for January.

And even that might be an overestimation.

Hussman
points out that “moreover, we’ve had a remarkably mild winter in the
U.S., particularly in January, and it’s clear that this has favorably
affected both construction and retail activity. Ironically, however,
nothing in the seasonal adjustment actually adjusts for this purely
seasonal effect.”

The stable-unemployment-rate fantasy is also
based on a steady decline in the number of people in the labor force,
despite population increases. The current number of people in the labor
force — the denominator in determining the unemployment rate — is the
lowest since 1981
. Economist Peter Morici writes that “if the adult
participation rate [in the labor force] was the same today as when Obama
became president, unemployment would be 11 percent.”

Morici also
notes that “adding adults … who say they [would] re-enter the labor
market if conditions improved and part-time workers who would prefer
full-time positions, the unemployment rate becomes 15.2 percent.
Factoring in college graduates in low skill positions, like counterwork
at Starbucks … unemployment is closer to 20 percent.”

Such is the happy math upon which the administration bases its claims of economic recovery.

Gallup,
which predicts election results with incredible accuracy, uses the same
survey methodology to develop its own unemployment rate and now reports
that it stands at 9.1 percent, a 0.6 percentage-point increase since
last month.

Fortunately, the American people are using their own
eyes, not Obama’s statistics, to figure out what is really going on.
Obama’s approval ratings, as measured most accurately by Gallup and
Rasmussen, show a drop from 51 percent a month or two ago to the low 40s
now. And Rasmussen shows Romney beating Obama by 4 to 6 points. At 42
percent of the vote in the trial heat, the president is facing a
crushing defeat, because the vast bulk of the undecided vote always goes
against the incumbent. [The head-to-head matchup between Romney and Obama varies from day to day - Yesterday Romney was up by three points, today they are tied.]

With gas prices surging, the economic data
will only get worse. The Congressional Budget Office (CBO) report on
the economy predicts slow growth and higher unemployment in the near
future, and Hussman says that “overall, an economic downturn remains the
most likely prospect.”

The ability of my former Democratic
brethren at self-deception is legendary, but the current optimism about
both the economy and their chances of holding the White House and the
Senate — and regaining the House?! — is downright nuts.

Add a comment above

Top Opinion

  • heirsoftheking 2012/04/07 12:15:43
    WTF? Why won't they tell us the truth?
    heirsoftheking
    +13
    Yesterday they said unemployment dropped to 8.2%, while only 120,000 jobs were created, in a country of 300,000,000+ people. Impossible! The economic experts say you need to create 300,000-400,000 new jobs per month to break even.

    Obama has the spirit of Anti-Christ in him.
    Obama Anti Christ

Sort By
  • Most Raves
  • Least Raves
  • Oldest
  • Newest
Opinions

  • Tennessee3501 2012/04/11 04:33:40
    Other (Please leave a comment.)
    Tennessee3501
    +1
    It is well known that there are 3 kinds of lies. White lies, black lies and statistics!
  • John Galt jr or Ron/jon 2012/04/11 03:42:00
    Other (Please leave a comment.)
    John Galt jr or Ron/jon
  • Ken John Ga... 2012/04/11 04:51:08 (edited)
    Ken
    +1
    The article is true in that people use statistics to lie. One thing they do is they use techniques called "tuning" and "snooping" to get the results they want:

    "False positive and exaggerated results in peer reviewed scientific studies have reached epidemic proportions in recent years. The problem is rampant in economics, the social sciences and even the natural sciences, … (Professor John Ioannidis, Chaired Professor of Medicine and Director, Stanford Prevention Research Center,"
    http://onlinelibrary.wiley.co...
  • Quazimoto 2012/04/10 13:51:14
    Other (Please leave a comment.)
    Quazimoto
    +1
    Anyone who still believes any information comes out of the white house needs to do themselves a favor and get a second reference that is not from the white house. Even the local media is being caught in lie after lie. Who can you trust any more?
  • Wolfman 2012/04/10 06:27:57
    WTF? Why won't they tell us the truth?
    Wolfman
    +1
    Obama won't tell us the truth because the truth is that he has destroyed jobs and the economy.
  • ☆stillthe12c☆ 2012/04/10 06:12:56
    WTF? Why won't they tell us the truth?
    ☆stillthe12c☆
    +1
    Obama is not the first to lie to us. He just has found new ways to do it. Just like the Government is always out there taking away our freedoms one by one and some applaud them. All the way back in the 1980's and before that they did not count people that drop off the unemployment after their 6 months or year ended so the unemployment numbers would drop. The Government has almost always had funny math. Not much new there. They are always trying to figure new ways to use the numbers and reformulate them. They have everything they need to give us an accurate number, but that is never going to happen.
  • Jackie 2012/04/10 04:50:50
    WTF? Why won't they tell us the truth?
    Jackie
    +2
    "The ability of my former Democratic
    brethren at self-deception is legendary, but the current optimism about
    both the economy and their chances of holding the White House and the
    Senate — and regaining the House?! — is downright nuts."

    Because they plan to do it with voter fraud . And they have to set up the con first. So that it will be believable that so many people could be stupid enough to vote for him. They are fighting voter ID so they can disenfranchise the real voters. They want to unconstitutionally allow voter fraud and make America's real vote moot.
  • ☆stillt... Jackie 2012/04/10 06:17:50
    ☆stillthe12c☆
    +1
    We still may be in for a surprise from all the progressive and socialist that are in America.
  • Jim 2012/04/09 18:02:32
    Other (Please leave a comment.)
    Jim
    +2
    When they tally up unemployment statistics, they don't count those whose unemployment has run out, those not eligible for unemployment, they only count those who are on unemployment.
  • Boo 2012/04/09 16:54:51
    WTF? Why won't they tell us the truth?
    Boo
    +2
    If the people really know how bad things are they will not vote for Obama, therefore, he has to lie about everything!
  • SiliconSorcerer 2012/04/09 15:53:11
    WTF? Why won't they tell us the truth?
    SiliconSorcerer
    +2
    Unfortunately the uneducated listen to the bs from the drive by media and assume it's true and this works very favorably for 0bama.
  • OPOA912 2012/04/09 14:19:34
    WTF? Why won't they tell us the truth?
    OPOA912
    +1
    What do you expect from a guy who's lied all of his life
  • Adam 2012/04/09 13:20:35
    WTF? Why won't they tell us the truth?
    Adam
    +1
    Obama's record in office is atrocious, the only way he is going to be able to run for a second term is to lie about the numbers. The sad thing is that the Republican candidate is going to agree with these numbers rather than look like a conspiracy theorist. If the candidate just argued the facts he would trash Obama completely.
  • JJ Rage 2012/04/09 13:00:25
    Other (Please leave a comment.)
    JJ Rage
    +2
    I'm not surprised in the least.
    Democratic lies
  • Teri- Oregon 2012/04/09 09:45:28
    WTF? Why won't they tell us the truth?
    Teri- Oregon
    +1
    because he is a lying tyrant socialist non- natural born American!
  • mike 2012/04/09 08:40:24
    WTF? Why won't they tell us the truth?
    mike
    +2
    They never have and they never will. Why? Because they believe the American Public are nothing more then a bunch of idiots! But to be fair to them, judging by the morons we keep electing, they might be on to something!

    However, you are only counted as unemployed if you are collecting a full unemployment check. If your benefits run out you are not counted as unemployed. Instead they insult us all by saying you just decided to stop looking for work. Yea, thats it, we have 15 million people who don't have a dime of income and have just decided to to crawl into a corner and starve to death! How moronic is that theory?
    What happens is most of these people end up on welfare or SSI, but they are still unemployed. Some take any kind of job they can working for cash on a daily basis because there are no real jobs to be had.
    But what really sucks and what has been true for a long time is that every $25 an hour job we lose, its usually replaced with an $8 an hour job. But to make matters worse we still have more then 8million illegals working in this country.
    So yes our govt. sucks when it comes to telling the truth,why, because we keep putting scumbags in charge!
  • gary 2012/04/09 07:39:17
  • TheTruth1313 2012/04/09 05:38:21
    WTF? Why won't they tell us the truth?
    TheTruth1313
    +2
    Because lying, spinning, covering-up, misdirection and denying is simply SOP for the Obama crew.
  • mac9 2012/04/09 05:18:51
    WTF? Why won't they tell us the truth?
    mac9
    +2
    The job numbers are down only because people stopped looking for jobs. We should not believe anything this socialist with an unknown agenda tells us. VOTE HIM OUT!!
  • KilrQueen 2012/04/09 04:39:46
    Other (Please leave a comment.)
    KilrQueen
    +2
    And this is surprising, why?
  • SirWence 2012/04/09 04:05:07
    WTF? Why won't they tell us the truth?
    SirWence
    +2
    You expect this 1 party 2 faction entrenched corrupted system to tell us the truth? heh
  • txpatriot 2012/04/09 03:55:33
    WTF? Why won't they tell us the truth?
    txpatriot
    +1
    To tell us the truth would unveil their lies. Of course, the American people are more tuned in than Obama thinks we are. I am anxious about the election but hopeful that those who voted for him see beyond his facade and see him for what he is.
  • prentice.pullins 2012/04/09 03:54:55
  • prentic... prentic... 2012/04/09 03:58:02
  • JJ Rage prentic... 2012/04/09 13:07:17
    JJ Rage
    +1
    Democrats were the main proponents against equal rights. You wouldn't enjoy your equal rights if Democrats ever got their way. Did you know the Klu Klux Klan was established by democrats to intimidate voters? During the civil war Southern Dixiecrats were the main ones opposing the end of slavery. A Republican governor in the state of Montana was the first to give women equal voting rights. Democrats voted mostly nay against the equal rights legislation in the sixties. Look it up for yourself, prove me wrong. By the way, Dr. Martin Luther King Sr. and Jr. were strong Republicans.
  • JJ Rage prentic... 2012/04/09 13:08:40
  • KoAm 2012/04/09 03:30:16
    WTF? Why won't they tell us the truth?
    KoAm
    +2
    Last year, Ann Coulter predicted that during 2012, the media would lie about the economy supposedly getting better -- in order to help Obama get re-elected.

    It seems that her prediction is coming true.

    Thanks for sharing the Morris article. It should be spread far and wide, and shouted from every rooftop.
  • texasred 2012/04/08 09:15:10
    Other (Please leave a comment.)
    texasred
    +1
    Yep... I've been doing some research on this.
  • Red_Horse 2012/04/08 05:33:27
  • Uranos7 2012/04/07 22:04:09
    WTF? Why won't they tell us the truth?
    Uranos7
    +1
    Morici also
    notes that “adding adults … who say they [would] re-enter the labor
    market if conditions improved and part-time workers who would prefer
    full-time positions, the unemployment rate becomes 15.2 percent.
    Factoring in college graduates in low skill positions, like counterwork
    at Starbucks … unemployment is closer to 20 percent.”

    This goes along with what I have been saying for years now. The employment rate is artificially inflated due to companies downsizing. Getting rid of one full time position with full benefits in favor of 2 part time positions with little or no benefits and lower pay in preperation for the enactment of Obamacare. When companies will be forced to add people it previously would not or people that would have previously opted out.
  • Ken Uranos7 2012/04/08 00:05:11
    Ken
    The U-6 rate, which the media never mentions, is just over 15% right now. Instead we constantly get the "doctored" unemployment rate, counting only those still looking, ignoring those who are so discouraged they have dropped out of the job market.
  • Yankee Traveler 2012/04/07 19:03:11
    Other (Please leave a comment.)
    Yankee Traveler
    +2
    It's all about making sure that obama is keeping the ignorant ones ignorant. He knows that the people that voted him in to begin with believe everything that the mainstream media tells them, this is all they listen to, this is the only way he can get votes
  • Space Invader 2012/04/07 18:30:08
    WTF? Why won't they tell us the truth?
    Space Invader
  • Uranos7 Space I... 2012/04/07 22:05:54
    Uranos7
    +2
    ROFL good one. I nearlly fell out of my chair on seeing that one.
  • S and S 2012/04/07 18:21:25
  • Ken S and S 2012/04/07 18:32:10
    Ken
    +1
    H2O can be deadly if you have 10 feet of it over your body!

    drowning under water
  • S and S Ken 2012/04/07 19:24:39
  • Ken S and S 2012/04/07 21:09:04
    Ken
    Going down the wrong "pipe" that's certainly true.
  • Uranos7 S and S 2012/04/07 22:09:08
    Uranos7
    +1
    53% of all mariages end in divorce, which is much better than the alternative.

    I would of thought it was higher with all the repeat offendors. ;)
  • S and S Uranos7 2012/04/07 23:56:09

See Votes by State

The map above displays the winning answer by region.

News & Politics

2014/12/18 04:02:57

Hot Questions on SodaHead
More Hot Questions

More Community More Originals