Posted on 01/08/2016 9:37:46 AM PST by SeekAndFind
Big lies!
Stockman: Only 11,000 Jobs Last Month, Not 292,000
NewsMax ^ | 01/09/2016 | David Stockman
Posted on 1/11/2016, 4:06:12 PM by GilGil
So what happened to the non-seasonally adjusted (NSA) job count in December at similar points late in the course of prior cycles? Well, in December 1999 about 140,000 jobs were added and in December 2007 there was a NSA gain of 212,000. This time we got the magnificent sum of 11,000, and by the way, last year was only 6,000.
The real news flash in the December ââ¬Åjobsââ¬Â report, therefore, is that even by the lights of the BLSââ¬â¢ rickety, archaic and virtually worthless establishment survey, the domestic economy is dead in the water. We are not on the verge of ââ¬Åescape velocity,ââ¬Â as our foolish monetary politburo keeps insisting; the US economy is actually knocking on the door of recession.
http://www.freerepublic.com/focus/f-news/3382446/posts
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