Do the Feds lie much....about anything? How about everything, 24/7, day in, day out. It would make Goebbels blush.
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This coming fall the government will declare the inflation and unemployment rates to both be 0%.
Then around the end of January 2025 the numbers will be revised.
I’ve been reading a lot of “why does everyone think the economy is so bad when all these numbers are so good” articles. They all point to the jobs numbers as if the job market is just roaring. They never seem to mention the adjustments.
Same for inflation. They point to inflation numbers being lower. But they can’t seem to realize that if it was 8% last quarter, and only 4% this quarter, it is still getting worse, just not getting worse as fast as it was.
Then again, maybe they do realize, but also, since they almost always mention it is an election year, they are really just trying to gaslight.
I just read one where they pointed to things like housing going up means people’s wealth is going up. Idiots, the money in my house doesn’t help me buy eggs. And my housing increase just covers the inflation increase.
Even that is a lie. The cost of everything from housing, groceries, fast food, restaurants, etc., etc. has gone up far more than 17.4% under this administration. This is just another example of where you can believe your own eyes or the lies of government statisticians.
Overstated by Half a million jobs. I believe the stock market takes a good look at those numbers.
*Cuts through weeds with machete, finds:*
1.4 jobs available for every person looking for employment.
And all the government jobs are DEI.