Shocked!
https://finance.yahoo.com/news/fed-confronts-million-us-jobs-100000224.html
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They’ve cooked the books on every jobs report for the last 3 years. They use it to get headlines “jobs report exceeds expectations!” Then a month or two later it’s revised down and there is nearly no coverage. They just keep pulling the same bullshit again and again and the media goes along with it, because they are willing accomplices to the lies.
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Pretty funny how they still raved about job creation over the past two nights at the convention
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Because the majority of people don’t know how often or how much the reports have been revised down again and again. They get away with the lies time and again. This is the type of shit that leads to people on the right saying they’re gaslighting us. They lie so consistently and never get called out on it.
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They are appealing to the lowest of low information voters. People hear the headlines about a great jobs’ report because when it favors the Dems it’s broadcasted loud and clear with a megaphone but the months later downward adjustment in buried on the proverbial back page in fine print.
Just like when stock market was good under trump it was seen as corporate greed but when it’s high under Dems it’s due to dem policies. In all actuality it’s high in spite of dem policies with the exception of war stocks.
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The fed can do one of two things lower rates and let job growth go up along with inflation. Or they can leave rates where they are job growh suffers but inflation continues to stay slightly higher than target. Neither is a good solution for the left long term. But cutting rates will help them win the election because the inflation going back up will take a little while to impact us.
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Why the hell would the Dow but up 100 points after this news? Makes no sense.
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This.
All of this.
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Because it’s a prediction not fact and the 1m figure is at the extreme end of the predicted range.
This kind of shit is why I take all those “reports” with a grain of salt.
If it’s even half of the 1m estimate that’s a very substantial number. Especially since it’s nearly EVERY jobs report that gets revised down and significantly so under Biden. It should raise questions as to how they’re reporting the numbers and why it’s constantly inflated. But again no one seems to give a shit that we are constantly being lied to.
I suspect it will come in somewhere between the 400 & 1m range the major players estimated.
This isn’t a Biden problem. It is a problem with how the numbers are collected and estimated. Without looking, I’m sure trump and Obama had similar issues with over reporting.
Whenever I see an article like this, I can’t help but think of a helmet like @copypastehero.
No matter how bad things were with the economy, that 'tard would say that jobs were booming.
And then, inevitably, a couple months later, we’d learn the jobs report was a farce, much like everything else in the biden administration.
Don’t worry democrats, they’ll get it right next time.
They promise!
Just make sure to vote for them in November.
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Another nice little interconnected bit of intel. We keep seeing little hints at what’s coming with the economy.
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818,000 jobs that the Biden Harris White House claimed they “created” DO NOT EXIST, according to the Bureau of Labor Statistics
This is the largest downward revision in 15 YEARS
Their entire economy is built on LIES
WE NEED TRUMP!
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818K lower than initially reported. 501k would have been the largest downward revision in 15 years and it’s significantly higher than that.
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Why do they bother counting?
Nothing to see here…the MSM. Disgusting. Thanks for the update my friend:)
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ttt