Hocus Pocus With The Employment Numbers
Jul 11, 2011 Political
I have trouble figuring out the jobs numbers that the government puts out. I am very competent in math but I never learned the hocus-pocus kind of math the government uses. Obama and his sycophants keep saying that he has created a few million jobs since he signed the stimulus bill but there are 1.9 million fewer people working today then there were when it was signed. How did he add all those jobs and have a net decrease? It would seem that they were losing jobs, not gaining them.
It is like you invest 10,000 dollars with your broker because he tells you that you will get $1000 a month on your investment. If after two years you have $9000, how did you actually increase?
The problem is they come up with these numbers by using some kind of voodoo that estimates jobs created by new companies. They look into a crystal ball and pull a number out of their, ahem, rectal cavities and then claim that this is the number of employees these fictitious and completely imagined companies hired. Then in a month or two they revise the numbers down but no one seems to pay attention to that.
Then there is the hocus-pocus of changing the numbers completely to give something different. The government reported that 18,000 jobs had been created in June but this is based on revising down the number of jobs available in May. If the revision had not been made then the number for June would have been 26,000 jobs, LOST. Yep, without this sleight of hand there would have been a net decrease of 26,000.
Imagined jobs from fictitious companies and changed numbers throw a monkey wrench into the works and add to the instability.
It also explains how they can claim they have created a few million jobs when there are 1.9 million fewer than when the great and mighty stimulus was signed.
Maybe I should try using the government math made easy methodology when I figure my taxes.
I bet they would know how to do math correctly when they audited me…
To paraphrase a quote popularized in the US by Mark Twain, there are three kinds of lies; lies, damned lies, and government numbers…
Cave Canem!
Never surrender, never submit.
[tip]If you enjoy what you read consider signing up to receive email notification of new posts. There are several options in the sidebar and I am sure you can find one that suits you. If you prefer, consider adding this site to your favorite feed reader. If you receive emails and wish to stop them follow the instructions included in the email.[/tip]
Tags: fuzzy math, jobs numbers, lies, statistics
Pelosi Pounds President On Jobs
Feb 5, 2010 Political
Pelosi is hopping mad about the jobs numbers. This is from Nancy Pelosi’s Congressional website:
Washington, D.C. — House Democratic Leader Nancy Pelosi released the following statement today on the Bureau of Labor Statistics’ announcement that 470,000 people abandoned their job searches in July and that 3.2 million private sector jobs have been lost since President Bush took office:
“The fact is that President Bush’s misguided economic policies have failed to create jobs. Since President Bush took office, the country has lost 3.2 million jobs, the worst record since President Hoover. And today we learned that in July nearly half a million people gave up looking for a job.
“Job losses are taking a real toll on the financial security of American families. While Democrats are fighting for opportunity, jobs, and economic security for working families, Republicans continue to focus on helping those who need help the least.
“According to today’s survey, while the national unemployment rate dropped slightly, it still stands at a near record high. In addition, the unemployment rate for African Americans was still over 11 percent in July, and the unemployment rate for Hispanics was 8.2 percent in July.
Pelosi is really taking the White House to task on these job numbers and the Republicans who are not stepping up to the plate. Who would have thought Pelosi would be so harsh?
Well, I would have because this is from August 2003 and it ends like this:
“It is time for President Bush and the Republicans to get to work for all Americans, not just the elite few.”
The numbers back then were better than they are now but I am willing to bet that Pelosi will not be out bashing Obama around and speaking this kind of smack.
No, she is a partisan hypocrite and will say anything. She is no different than Obama who is now doing the same things that he attacked George Bush for, you know, things like running deficits.
Nancy Pelosi is a jackass hypocrite who is actively pushing a radical agenda in support of the radical in the White House.
It is time to rid our country of these people.
Vote them out.
[tip]If you enjoy what you read consider signing up to receive email notification of new posts. There are several options in the sidebar and I am sure you can find one that suits you. If you prefer, consider adding this site to your favorite feed reader. If you receive emails and wish to stop them follow the instructions included in the email.[/tip]
Tags: hypocrite, jobs numbers, Obama, Pelosi