Posted on 03/27/2014 9:44:30 AM PDT by lowbridge
The Census Bureaus Philadelphia office wasnt just corrupting the nations unemployment rate by fabricating data. It was also filing false information about inflation in this country.
Just how large an effect this fraud was having on the Consumer Price Index (CPI) and consequently the cost of living adjustments for Social Security recipients and others is not yet known.
(Excerpt) Read more at nypost.com ...
“’Bagged’ must be a new word for ‘Promoted’.”
Maybe Obama gave him the Reggie Love treatment.
The Obamoids will still believe it, no matter what is revealed.
That’s why they are so nonchalant about lying now.
These phony numbers help the government tout economic recovery when there has been none.
We have a population of about 315,000,000
Statics say that we have 204 million employable
We have 92 million who have left the workforce.
204-92 =112 million people working
112,000,000/204,000,000 = 54.9% unemployment rate.
Or it could be just like they say 6.7%
“Unemployment numbers are faked. Inflation/CPI numbers are faked.”
The worst part of it is that this was so obvious, and Obama was still re-elected. Frightening...
So? They got guns, and plenty of gunthugs to use them.
So, STFU, peasant.
I don't agree with that number. Many of those who are neither employed nor looking for work were never in the workforce. They may be career welfare, full-time parents, disabled, or for a number of other reasons outside the job market. A more relevant number is the "civilian labor force participation rate", which shows a 3.2% decrease since the communist took power, or a little less than 8 million people who dropped out of the workforce - in large part because of Obama's incompetence.
“WHAT STAT ISNT FAKED with this corrupt Govt?”
You can’t fight the system when the entire system is corrupt and rotten. The PTB keep us arguing and infighting about bs while they plunder and rob us using fuzzy numbers and sophisticated corruption.. The media covers up for connected cronies regardless of the Party.
All those many billions in Ft Knox and Fed Reserve gold have gone unaudited not because it is there. It disappeared like the billions in Iraq.
Who could have guessed?
Wyatt’s Torch, Wyatt’s Torch.... Come in, please, Wyatt’s Torch....
Unemployment will be 20% and inflation will be sky high. ....I still estimate 36% and 29% respectively.
Then you have this: http://citizenreviewonline.org/american-community-survey/
Yikes! That’s not good at all. Thanks for the link. Should be interesting to see the impact it had/has.
That being said the depth and impact will be difficult to sort out. There’s a ton of crowing on here about “who could have guessed” and that’s very simple to do. The problem is that there is no other source of data. Period. That’s a potentially huge problem for the market.
Completely unsurprised that the unemployment figures have been doctored.
Exactly. All we got there is that we can definitely say "ain't it awful". Again. We're still stuck with the fact that we've got to get beyond self pity and go back to earning a living, and that takes real dollars'n'cents numbers. The article's got none of that, all it's got is--
Just how large an effect this fraud was having on the Consumer Price Index (CPI) and consequently the cost of living adjustments for Social Security recipients and others is not yet known.
The whole survey is very long, messy
It could have been because...
... it could also have been because...
Theres no way for me to determine how much
its impossible for me to determine the magnitude of this
And Im still looking into it.
Seriously? That's it? Don't get me wrong, this $hit's important and we need to keep an eye on things. Besides the fact that lot's of business transactions hinge in inflation measurements we need to remember that the gov't first got into the CPI biz for national defense.
So if all this is true then it won't be the first time defense issues were corrupted for politics.
So, STFU, peasant.
I'll STFU as soon as I run out of bullets.
The fact is I don't agree with any propaganda the produce. When in fact because they require that witholdings be made from every paycheck, they can know precisely how many people are working or how many are receiving unemployment insurance payments. Computers are marvelous things but like progressives the don't understand the concept of morality.
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