What counts?
For the MSM, fellating the current occupant counts. So they scream headlines on the 8.3% unemployment count (which will be revised next month....)
For actual people--beyond the 8.3% who can't find work--what really counts is the statistical method. Because when 1.2 million people leave the workforce altogether, it's a helluvalot easier to get only 8.3% unemployed.
But it's a helluvalot harder to get tax revenues from them. So the '12, '13, '14.... projected tax-rev numbers are crumbling before your very eyes.
It's STILL the SPENDING, STUPID!!
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7 comments:
Santelli on CNBC did a decent job of explaining this today...as did a blogger:
http://www.zerohedge.com/news/record-12-million-people-fall-out-labor-force-one-month-labor-force-participation-rate-tumbles-
No real improvement, just economic fuzzy math.
Yep, Fuzzy Math, Distortion. No truth.
It took Obama only three years to create more jobs than W did in eight. Total failure, indeed!
It's STILL the SPENDING, STUPID!!
No it's not. It's DEMAND, stupid.
Seasonal adjustments have ALWAYS been bullshit...all the way back to when I was "educated" in ecomonics, accounting, statistics, calculus, and computers by our wonderful robberbaron universities.
"Cosmetic-izing" of REAL numbers.
Guns and butter bullshit.
Reality is weighted averages.
Nobody calculates weighted averages any more...I guess that's just too complicated for the 100 IQ MSM and MSM viewer...and who knows and understands REAL statistics and REAL calculus any more except us that still remember being explained the abacus in first grade math?
So, REAL numbers:
February 02, 2012
U.S. UnEmployment Up, To 8.6% in January:
U.S. unemployment, as measured by GALLUP® without seasonal adjustment, increased slightly to 8.6% in January from 8.5% in December. Underemployment increased more sharply as a higher number of part-time workers sought full-time work:
http://www.gallup.com/poll/152432/Unemployment-January.aspx
Now, the process is simple:
Go here:
http://www.gallup.com/poll/125639/Gallup-Daily-Workforce.aspx
Click "Download complete trend" link button.
Save the DataSet-USWRKF125639-20120204.csv flat file to whereever.
Open DataSet-USWRKF125639-20120204.csv in Excel...or any spreadshit program if you're going to bitch about using MicroSucks products.
Create and run macro function average for all columns of data.
If you're too lazy to do the work yourself to prove it to yourself instead of taking my word/work for it...or if you don't have a clue as to what I am writing about above (in which case you SHOULD only be using an abacus...hey, that grey mass there...yeah, that one right there...that's your brain...USE IT!)...then just read the results below.
The REAL results?
On average, LESS THAN 65% of the US workforce has been employed full-time in the last ~2 years.
REAL unemployment the last ~2 years? ~27%.
Unaccounted for the last ~2 years? ~8%.
~35% of the working population in America are "floating out there somewhere"...but they sure ain't working.
These "non-seasonally-adjusted" numbers are obtained by GALLUP® calling and talking to ~30,000 Americans EVERY DAY, 7x365...a f**k of a lot more accurate work than the BLS does...and I am SURE GALLUP® workers are paid much less than the overpaid entitled indentured civil f**kwad BLS BS'ers. BLS BS'ers, by the way, readjust almost every false number they initially report...such a reliable source of information...our government...now THERE'S no conflict of interest. Just like hiring a cop to be your lawyer.
REAL NUMBERS.
REALITY...not OTraumanomics.
Take it from someone closer to this than you know.
Peruse other Saint Revolution Dad29 blog comments here.
So if you have a problem with the numbers you should go talk to GOP VA governor McDonnell. According to him, the "improving" economy is due to efforts of GOP governors. So any bad news is on them, too. Right?
Jim:
To put it bluntly, I despise ALL politicians...right, left, up, down, sideways...
GOPs, LIBs, or PIGs...they're all the same dogshit to me.
They're all responsible, culpable,...and liable.
By the by, to be honest, I don't like you and your liberal bullshit, either...
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