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The Real Economic Numbers: 21.5% Unemployment, 10% Inflation And Negative Economic Growth
TEC ^ | 06/12/2018 | Michael Snyder

Posted on 06/13/2018 7:55:59 PM PDT by SeekAndFind

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To: Right Wing Assault
"Snyder, did you say this when obama was president?"

I don't know about author Snyder, but, yes, economist John Williams of shadowstats.com has been tracking what our key economic numbers would look like if honest numbers were being used for many years. His ShadowStats came up repeatedly during the Obama presidency and I absolutely believed his numbers then.

I would have expected a lot of the numbers he tracks to be much improved in the past 18 months since we through out Obummer / Felonia von Pantsuit. I am surprised he is not showing much improvement.

21 posted on 06/13/2018 8:23:12 PM PDT by ProtectOurFreedom
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To: Cedar

[ Many “disability” folks are not going to get a job...too much fun smoking dope all day. Thus, the actual millions “unemployed.” ]

I say wire them up into the internet and insert a food tube and employ 1/2 of them to take care of the other half that are plugged in and put them to work mining gold in World of WarCraft.

It would be 100x cheaper than paying them welfare and they would be happy in their useless virtual lives.

We could even rent them out as NPCs in MMO games that europeon and asians play too.

A company could make a lot of money this way....

It would only take tech about 8-15 years for this to become an actual reality.


22 posted on 06/13/2018 8:25:13 PM PDT by GraceG ("Q is dead, been dead a for a while...")
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To: SeekAndFind

Why the picture of Duane Allman’s brother?
(Seriously: just bookmarking for later).


23 posted on 06/13/2018 8:25:50 PM PDT by mrsmith (Dumb sluts: Lifeblood of the Media, Backbone of the Democrat/RINO Party!)
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To: ProtectOurFreedom

[ I would have expected a lot of the numbers he tracks to be much improved in the past 18 months since we through out Obummer / Felonia von Pantsuit. I am surprised he is not showing much improvement. ]

Those stats will improve, they take more time to work through the system than the fake stats fed/gov feeds us.


24 posted on 06/13/2018 8:26:13 PM PDT by GraceG ("Q is dead, been dead a for a while...")
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To: SeekAndFind

Sounds like I would be better off in Haiti.

This guy makes a living selling doom. I agree the economy isn’t on solid ground but it’s better than it has been.


25 posted on 06/13/2018 8:27:23 PM PDT by boycott
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To: SeekAndFind

.…...I do not know what the actual numbers are and I don’t believe Snyder does either. I do know in Texas that everyone breathing is going to work and hiring a good worker is all but impossible.

I would say unemployment among competent people wanting to work is zero in Texas.

One example: Nearly every restaurant has a “help wanted” sign seemingly permanently fixed to the front window.


26 posted on 06/13/2018 8:30:02 PM PDT by Cen-Tejas
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To: SeekAndFind
By the way, if you live in the Boise area and you know of an opening for a quality software engineer...

Your engineer friend needs to learn Hindi pronto. Then procure a fake H1B visa and he should be employed by tomorrow morning.

27 posted on 06/13/2018 8:34:51 PM PDT by ProtectOurFreedom
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To: EdnaMode

anecdotal tidbit from me. I work for a public works agency. We hire many Summer temporary employees during paving and bridge repair season. Managers have had 4 rounds of applications accepted and interviews. We still haven’t filled all the positions. This has never happened before in my 19 years where I work.


28 posted on 06/13/2018 8:36:35 PM PDT by Tailback
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29 posted on 06/13/2018 8:37:23 PM PDT by DJ MacWoW (The Fed Gov is not one ring to rule them all)
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To: SeekAndFind

I see, there are a lot of software engineer jobs, just not in Boise ?
Shouldn’t one go to where the jobs are ?


30 posted on 06/13/2018 8:39:06 PM PDT by stylin19a (Best.Election.of.All-Times.Ever.In.The.History.Of.Ever)
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To: plain talk

The trend to better numbers using the same measuring stick made sense for an apples-to-apples comparison of the national economy prior to the 2016 election. With the trend now firmly established toward increased prosperity, we can tackle the issue from the high road and point out who benefited.

Everyone has had the gut feeling that the inflation numbers were way off for a very long time. No secret that they were cherry picked in a way to make political hay in the decades since the 80’s. Friends of the DC elite profited; while, adjustments based on manipulated inflation numbers shortchanged any recipients like retirees receiving SS.

As the inflation rate affects lending, and a low interest rate allows more government borrowing without raising as loud an alarm, Congress is the most likely culprit pushing for these manipulations.


31 posted on 06/13/2018 8:39:16 PM PDT by Ozark Tom
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To: raiderboy

yup


32 posted on 06/13/2018 8:41:00 PM PDT by Secret Agent Man ( Gone Galt; Not averse to Going Bronson.)
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To: SubMareener

And miles of rail cars parked on lonely sidings all across the West. I wonder if they are still there?


33 posted on 06/13/2018 8:56:57 PM PDT by Sequoyah101 (It feels like we have exchanged our dreams for survival. We just have a few days that don't suck.)
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To: Tailback

That’s good to know.


34 posted on 06/13/2018 9:03:06 PM PDT by EdnaMode
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To: SeekAndFind

Jobs would be harder to find the lower the unemployment rate gets, particularly specific jobs.


35 posted on 06/13/2018 9:13:50 PM PDT by Mr. Blond
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To: SeekAndFind

A gloom and doom site. The sky is falling :)


36 posted on 06/13/2018 9:15:53 PM PDT by upchuck (The problem: parents doing their careers instead of raising their kids. h/t: Wyrd bið ful aræd)
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To: SeekAndFind

And you did not write this article two years ago when all the numbers were Obama’s problem? The basic conceit of this would require all the media to be COVERING for Trump...which would mean this is really Superman’s Bizzaro World.


37 posted on 06/13/2018 9:25:34 PM PDT by 50sDad (A Liberal prevents me from telling you anything here)
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To: SeekAndFind
Ottumwa, Iowa, is not one of the fastest-growing metro areas in the country; if you combine that with Amazon / Wal-Mart, and (just possibly) the twin ravages of the opioid epidemic, and the War on White Men waged first by Obama, then Washington, District of Mordor as a whole...

yeah, they're hurting.

But inflation (especially in food) is real. It used to be (before the Muslim Usurper took the White House) you could buy 1/2 gallon of ice cream locally, for $2.49, sometimes $2.00.

Now it's going for $5.99, for 1.5 quarts. = 2.4*4/3 ~ approximately triple in price. In 8 years.

No inflation my ass.

38 posted on 06/13/2018 9:38:10 PM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: BenLurkin
Boise is a mini hi-tech hub.

For that matter, I think Salt Lake City and Provo, UT, are as well.

They ought to fire all the H1-B's on 1 day's notice, and make every executive of every publically traded company who ever hired an H1-B, personally liable for triple damages to every US citizen who ever applied for a software job, or had to settle for far less pay.

Just confiscate all the wealth of Silicon Valley and Seattle, that'd be a good start.

Cause as Carly Fiorina said, "No American has a right to a job."

Must be her reasoning for becoming Ted Cruz's running mate against Trump.

39 posted on 06/13/2018 9:40:55 PM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: stylin19a

They make up excuses to avoid hiring white males.


40 posted on 06/13/2018 9:42:25 PM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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