Ah, the happy glow of phony numbers and a compliant mainstream - TopicsExpress



          

Ah, the happy glow of phony numbers and a compliant mainstream media. Following the release of Friday’s jobs report, Bloomberg’s headline simply beamed “Hiring in U.S. Kicks Into Higher Gear as Unemployment Plunges.” All is now rosy in the Obama recovery. “Stocks rose on the improving jobs picture and Treasury yields climbed,” Bloomberg proclaimed. Sorry to bear the news, but it’s all as farcical as the phony money the Federal Reserve is pumping out. Bloomberg highlighted a 288,000 gain in employment. But you have to read way down to see that the labor force shrank by more than 800,000 in April. Funny math Bloomberg is using. 288,000 minus 800,000 equals negative 512,000. Only in the sociopathic world of government doublespeak does such a huge negative equal a positive.
Posted on: Mon, 05 May 2014 12:14:59 +0000

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