Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Kaslin
The problem for Obama is that the pajamas media is WAY ahead of the curve on this, and quick analysis on Bureau of Labor Statistics data shows the following:

1) The lower unemployment rate was "ginned up" by more Federal employees.
2) The data for California is distinctly missing.
3) The U6 combined unemployment/underemployment rate hasn't budged lower.

In short, the BLS "cooked the books" to make a number look better than anticipated. It should also be noted that companies involved in the transport of goods--namely UPS, FedEx, the railroad companies and trucking companies--are reporting distinct slowdowns in overall business, and in fact FedEx is cutting its workforce because of the slowdown.

12 posted on 10/15/2012 5:07:08 AM PDT by RayChuang88 (FairTax: America's economic cure)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: RayChuang88

What you said!

16 posted on 10/15/2012 5:31:18 AM PDT by Zakeet (Calling the Obozo/Bernack economy sluggish is an insult to slugs)
[ Post Reply | Private Reply | To 12 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson