In today's entry, we will be breaking down the walls of ignorance.
If you like those walls- stop here. Cause they are fixing to
come crashing down.
It is so much worse than years past- and it was bad then… revisions made to economic,
foreign, and domestic policy, that are made to shift opinion for an election
season, presidential or otherwise, are becoming the new norm.
If you saw the jobs numbers today, let me assure you. You were
lied to. You were lied to when they said they were 4-5 %. But believe me… you
are really being lied to now.
And they lie to you because they think you aren’t smart
enough to figure out their little ploys. But its not a matter of being smart.
They think you are ignorant. And if you are… you’ll eat it
up with a spoon and say, “Ohhh… I see… now I know.”
Throw off the morning stink of ignorance and take the informed
bath of knowledge.
There are 3 lies you are told about this stuff. That’s right
--lies. And if you don’t know these lies, you will believe whatever they say.
I find it totally ironic that one of the best articles I’ve
ever read was written by a senior scholar at George Mason University and that
is where Obama was touting the new numbers this morning. That’s just a funny
little bit of coincidence. Those things happen, you know.
However the Jobs numbers today are no coincidence. I’ve been
aware that a drop in the numbers was coming as we got closer to election for
years. It always happens. It always will happen until people figure it out and
it stops working. It’s like Fast and Furious movies. (not the gun scandal- the
actual movie).
When will they stop making them? When people stop going to
see them! So Stop!
Okay, back to economics. And the lies. NOTE: these are lies-
by omission. They are lies that they apply to data and then pass on to you as “the
gospel”. They are anything but…
#1. The government knows how many people are unemployed.
Wrong. The truth: No one counts unemployed people.
They are based on STATISTICS. Like polling data. Fhewy! Manipulated
data to say whatever those that are compiling them want them to say. Both sides
do this. It is FAR too time consuming to count everyone. But they pass them off
as exact measurements. And there are several ways they get the numbers. Each of
which give you different numbers. When you ask employers how many jobs they “created”
last month and then ask random people how many of them found or lost jobs you
get 2 different stats.
Which one is right? Is either right? How do you know?
NEITHER OF THEM IS RIGHT! They are both estimates of the
larger whole- which is dependent on so many other aspects of employment.
#2. More jobs means less unemployment.
Wrong. The truth: There is a number that is used and it is
anywhere from 150,000 to 200,000. This range represents the number of people entering
the workforce. Teens getting jobs, recent graduates, etc… if we add 120,000 jobs… that means that the
job community can’t keep up with job growth. (note the number of jobs that are
being touted today as being created last month and apply it to this number—and consider
what it really means. You are being lied to)
If we add 120,000… subtract that from lets say 175,000… and
we lost 55,000 jobs. And yet somehow the unemployment rate came down .3 %? -- you decide.
#3. Lower unemployment means fewer unemployed people.
Dead wrong. I cannot begin to tell you how wrong this is. This
is the foundation lie that all others get their power from. If you believe this…
its over.
This is the lie they count on you believing when you see
that number with % behind it. They’re telling you what is good. “this is great
news!”
Not it is not. By that rationale, even adding ONE job would
be growth.
The numbers being touted today about last month’s job numbers
were common “good” numbers in 1965. Almost 50 years ago. This is pathetic. This
far down… we should be getting Job “BOOMS”, not job “Wheezing”.
Everyone has been making a big deal about the unemployment
rate being above 8% so long… and now, magically it is below 8% for the first
time in over 40 months. And this happens 32 days before the election. Now they
have people believing that as long as it is below 8% we are prospering. That is
wrong. Anyone who remembers 87 cent a gallon gas knows what I’m talking about.
Numbers can be manipulated to say whatever people want.
Example 2+2=5. This is true if you take into account that large values of 2 can
be added together to make 5 or more. 2.75 + 2.75 = 5.5 [see?]
It is not a matter of people either being employed or
unemployed. It is FAR more complicated than that. There are retired people. What
do we do with them? They are unemployed, but they cannot count toward the
number. So they don’t. They aren’t
looking for work. They’ve done their work.
People looking for work who are currently without work are
--- unemployed.
People who stop looking for work who are currently without
work are --- nonemployed.
Nonemployed people are counted as retired people are counted,
in the ‘Labor Force’. They don’t count.
So the more people who give up looking for work… the lower
that magic number % goes.
And the less that number means.
Now a practical application to what I’m talking about…
Let’s say that There
are 10 people in the world and one employer. We won’t count him… just the
workers. They are all employed by him. Then 5 lose their jobs. Unemployment is
50%.
Then 3 of them get their jobs back and the other 2 just stop
looking. What’s the new unemployment rate? ZERO.
I know what you are thinking. “that’s not right!”
Yeah… in a manner of speaking , you were lied to.
The number you saw today is not a sign that things are good.
Its textbook politics.
The number you saw today is not growth. It was a lie. Its typical statistics.
Politics and Statistics are coming together for a date-- and
you are gonna pay the bill.