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To: expat_panama

Your own favorite chart shows that job creation is lagging population growth.

I’m getting the labor force number from the BLS, of course. But there’s a huge difference between that number and the unemployment number, in that the labor force number is raw, unadjusted data, whereas unemployment is a witches’ brew of adjustments and manipulation and reclassification.

The labor force number represents 10 million jobs lost since Lehman that haven’t come back. You won’t see evidence of that in the politically manipulated unemployment rate.

BLS fraud in the unemployment number may have made the difference in Obama’s second election - and it’s not subjective that fraud occurred. Not sure why you are so intent on defending it.

http://www.forbes.com/sites/peterferrara/2013/11/27/did-the-bls-give-obama-a-major-election-2012-gift/


23 posted on 08/16/2015 7:05:20 PM PDT by Nep Nep
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To: Nep Nep
Given that BLS has been caught red-handed multiple times putting out completely fraudulent data, I’d say that looking for alternative metrics is completely reasonable.

I’m getting the labor force number from the BLS, of course.

We really can't trust numbers from folks that we consider to be frauds and liars.  Billy Clinton and Obama are liars.  The NYT lies Hillary lies.  When those clowns say something all I can tell is that they said something and I look elsewhere to find out whether what they said was true or not.  While I personally don't consider the BLS to be a bunch of liars, I have noticed that political hack liars love to pervert good BLS numbers beyond all recognition. 

24 posted on 08/16/2015 7:24:34 PM PDT by expat_panama
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