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To: Jim Robinson

Wall St. totally discounts employment/unemployment numbers between mid-November and the end of January the next year.

Most jobs are seasonal/temp that are gone in 6-8 weeks.

Thus, the numbers are unreliable.

Still, 75K jobs added in December [mostly seasonal/temp] is pathetic. Shows that retailer/service industries have no faith in the economy ...


8 posted on 01/10/2014 1:39:10 PM PST by Lmo56 (If ya wanna run with the big dawgs - ya gotta learn to piss in the tall grass ...)
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To: Lmo56

It probably also shows that the 4.1% increase in GDP reported recently is just bogus.

There is no way on God’s green earth that GDP is 4.1%. And real unemployment, the way they used to count it before Clinton, is upwards of 12%.

Recovery, my sweet Aunt Fanny. There is no recovery.

Add this story to this article from The Hill ==>> http://thehill.com/homenews/senate/194723-economy-will-save-majority-say-sen-dems.

They are playing fast and loose with economic statistics a) because they can and b) because they think it helps them maintain power.


10 posted on 01/10/2014 1:50:32 PM PST by iceskater (Enjoy your chains, comrades.)
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