Friday, August 2, 2013

Latest jobs figures scam

Interesting how, with the release of this months jobs figures , we all of a sudden have a drop in the joblessness percentage from 7.6 to 7.4%. And yet if you analyze the numbers they are as dismal, or even more dismal, than the prior months.

Right now the best figure to judge the state of our country is the workforce participation percentage, which fell again, this time another 1.5%. No wonder the unemployment percentage drops as well. At this rate we will soon be at a participation percentage of below 50%, meaning that more people have given up looking for work than are actually working.

And by the way, don't think that these numbers are even true, we also saw that May and June's new jobs numbers numbers were significantly reduced from the original 195,000 that had been quoted.

All in all this is an inept, corrupt, lying administration and we will be in big trouble if we do not vote in  a House and Senate that can rein in this spendthrift, crony driven bunch of clowns