Posted on 01/13/2024 10:24:04 AM PST by Kaiser8408a
Did you see the recent government propaganda from the U.S. Bureau of Labor Statistics?
Not the latest faulty claim that consumer prices increased at an annual rate of just 3.4 percent in December. But rather the claim that 216,000 jobs were added in December.
Upon release, and right on cue, Treasury Secretary Janet Yellen declared that the U.S. economy had achieved a soft landing. She also said that her “hope is that it will continue.”
What Yellen neglected to mention was that October employment was revised down by 45,000 jobs and November was revised down by 26,000 jobs. That’s 71,000 jobs the government recently reported which didn’t exist.
How many of the 216,000 jobs reported for December will wind up being pure fantasy?
Yellen also didn’t mention that 52,000 of the reported jobs are in government, 59,000 are in health care and social assistance, and 22,000 are in food services.
These aren’t the kind of jobs that create and spread new wealth and abundance to the economy.
In addition, there are 4.2 million workers that are employed part time for economic reasons.
This represents individuals who prefer full-time employment but are working part-time because their hours have been cut or they cannot find full-time work.
There are also 8.5 million multiple job holders. These are people who work more than one job because a single job doesn’t pay the bills.
Yellen, obviously, isn’t interested in these pesky details. What she is interested in is that when the data is massaged and contrived, and then summed up, the government can report an unemployment rate of 3.7 percent.
We don’t know if she believes the propaganda she spews or if her intent is to deceive people. Regardless, the whole act is exceedingly wearisome.
(Excerpt) Read more at confoundedinterest.net ...
The Department of Justice allows Demonicrats to lie.... and to murder babies in the womb, and to commit treason.
Yellen be smellin’
She's doing what she's been told to do by the Biden Administration. Also, she failed to point out that inflation under Biden is more than 3.5x what it was when he took office. Selling the idea that inflation has decreased under Biden is simply a lie.
The Democrats are going down.
I don’t care if they all DIE.
I’m just not willing to sink with them.
MAGA but it will be without Democrats, it is the only way possible.
My checkbook/lifestyle confirms this exposure. I’m getting by and that’s it.
And all 216,000 are re-hiring those fired during the shamdemic. Cut 5 million jobs, hire back 0.2 million and crow about it.
Not if you’re a bureaucrat, on welfare, and illegal alien, or politically connected.
— Janet Yellen
(in a documentary ten years from now, when she tells about "how it is in government service.")
In the grocery store people shop much more economically than in the past. I have noticed in the meat market they sell close to expiration dates at a great discount. These are swiftly bought today. There is an acceptance of the increased prices as most know it is not the grocery’s store fault. Most do not know the big chain grocery stores operate on a thin margin of profit but do well due to volume of sales. They are the good guys.
However, there is a sullen anger at the grocery store from the buyers. Most know it is a function of government and not the grocery store.
Joe Biden will wear their sullen anger!
Hellen is A LIAR.
NO CREDABILITY.
Yellen is as incompetent as she is ugly! What a stuffed carcass to have as head of our pitiful treasury! Every member of the Biden-Obama team is incapable of wiping their asses! The nation is tanking faster than did the Titanic.
Massive doses of MAGA is needed in the attempt to reverse this Democrat-Nazi mess.
Everything from Biden’s administration is propaganda lies and deception.
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