US economy is dead in the water, NY Times media BLS and White House employment lies, Robust hiring?, White american employment decimated under Obama, Citizen Wells and Zero Hedge report job facts, Times receives 4 Orwells

US economy is dead in the water, NY Times media BLS and White House employment lies, Robust hiring?, White american employment decimated under Obama, Citizen Wells and Zero Hedge report job facts, Times receives 4 Orwells

“In December 2014 there were 18 million immigrants (legal and illegal) living in the country who had arrived since January 2000. But job growth over this period was just 9.3 million — half of new immigration.”…Center for Immigration Studies February 2015

“There’s no other way to say this. The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie.”…Gallup CEO Jim Clifton 

“We are being lied to on a scale unimaginable by George Orwell.”…Citizen Wells

 

 

Citizen Wells and Zero Hedge have been warning you for many months about the real economy and employment situation in the US.

The mainstream media has reported about the widespread hunger and low paying jobs but they never connect the dots to the real employment data that is actually provided by the US Labor Dept. BLS.

The economy has only been propped up by the Fed and false perception of the job market.

The smoke from the smoke and mirrors is rapidly dissipating, the financial markets are collapsing and little by little reality based reports are surfacing.

From David Stockman’s Contra Corner January 6, 2016.

“Newsflash From The December ‘Jobs’ Report—–The US Economy Is Dead In The Water'”

“Here’s a newsflash that CNBC didn’t mention. According to the BLS, the US economy generated a miniscule 11,000 jobs in the month of December.

Yet notwithstanding the fact that almost nobody works outdoors any more, the BLS fiction writers added 281,000 to their headline number to cover the “seasonal adjustment.” This is done on the apparent truism that December is generally colder than November and that workers get holiday vacations.

Of course, this December was much warmer, not colder, than average. And that’s not the only deviation from normal seasonal trends.

The Christmas selling season this year, for example, was absolutely not comparable to the ghosts of Christmas past. Bricks and mortar retail is in turmoil and in secular decline due to Amazon and its e-commerce ilk, and this trend is accelerating by the year.

So too, energy and export based sectors have been thrown for a loop in the last few months by a surging dollar and collapsing commodity prices. Likewise, construction activity has been so weak in this cycle—-and for the good reason that both commercial and residential stock is vastly overbuilt owing to two decades of cheap credit—–that its not remotely comparable to historic patterns.

Never mind. The BLS always adds the same big dollop of jobs to the December establishment survey come hell or high water. In fact, the seasonal adjustment has averaged 320,000 for the last 12 years!

For crying out loud, folks, every December is different—–and not just because of the vagaries of the weather. Capitalism is about incessant change and reallocation of economic activity and resources. And now the globalized ebbs and flows of economic activity have only accentuated the rate and intensity of these adjustments.

Yet the statistical wizards at the BLS think they can approximate a seasonal adjustment factor for December that at +/- 300k amounts to just 0.2% of the currently reported 144.2 million establishment survey jobs, and an even smaller fraction of the potential adult work force which is at least 165 million.

But that’s a pretentious stab in the dark. The December seasonal adjustment (SA) could just as easily be 0.3% of the job base or 0.1%, depending upon the specific point in the business cycle and structural trends roiling the economy.”

“The real news flash in the December “jobs” report, therefore, is that even by the lights of the BLS’ rickety, archaic and virtually worthless establishment survey, the domestic economy is dead in the water. We are not on the verge of “escape velocity”, as our foolish monetary politburo keeps insisting; the US economy is actually knocking on the door of recession.”

Read more:

http://davidstockmanscontracorner.com/newsflash-from-the-december-jobs-report-the-us-economy-is-dead-in-the-water/

I have tried to keep this simple for our brainwashed, entertainment culture.

Again, straight from the BLS tables.

The impact on white American employment.

When Obama took office in January 2009 there were 116,863,000 white americans employed.

That has only increased 1,432,000.

When Obama took office in January 2009 there were 19,794 Hispanics employed.

That has increased 4,820,000, approx. 25 percent.

Does that match up with what you are getting from the media?

And speaking of lies…..

From Zero Hedge January 4, 2016.

“US Government Discovers 10 Years Of “Processing Errors” In Construction Spending Data Slamming GDP”

“Even as increasingly more parts of the economy, especially those with exposure to manufacturing and industrial production, sink into the recessionary quicksand, one sector that was seen as immune from the malaise gripping US manufacturing and was outperforming the overall growth rate of the US economy, was housing, and specifically spending on private and public construction: a direct input into the GDP model.

That all changed today when the US Census released its latest, November, construction spending data, which not only missed expectations of a 0.6% increase, but tumbled -0.4%, the most since June of 2014, while all the recent changes were mysteriously revised lower.

And then the source of the mystery was revealed: in the fine print of the release, the government made a rare admission: all the construction spending data for the past 10 years had been “erroneous.”

In the November 2015 press release, monthly and annual estimates for private residential, total private, total residential and total construction spending for January 2005 through October 2015 have been revised to correct a processing error in the tabulation of data on private residential improvement spending. An Excel file containg all of the revisions can be found here”

Read more:

http://www.zerohedge.com/news/2016-01-04/us-government-discovers-10-years-errors-construction-spending-data-slamming-gdp

Now from Obama’s Ministry of Truth, the NY Times.

“Robust Hiring in December Caps Solid Year for U.S. Jobs”

“The last time the American economy registered such a prolonged stretch of impressive job creation, Facebook didn’t exist and Beyoncé was still a member of Destiny’s Child.

For all of 2015, the nation added 2.65 million jobs, capping a two-year, back-to-back gain that was the best since the late 1990s, the government reported on Friday.

“I think this really is illustrative of the fact that economic momentum in the United States is still awfully strong,” said Carl Tannenbaum, chief economist at Northern Trust. “In spite of the craziness we’ve seen from Asian markets this week, the fundamentals here at home are still solid.”

The year ended with a particularly strong sprint. In December, employers hired an additional 292,000 people, the Labor Department said, and October and November were revised up by a total of 50,000, pushing the average for the last three months to 284,000.”

Read more:

http://www.nytimes.com/2016/01/09/business/economy/jobs-report-hiring-unemployment-december.html?_r=1

For their extremely misleading report on December jobs, the NY Times is awarded 4 Orwells. The only reason they did not receive 5 is at the end they mentioned low wages and part time jobs.

Orwells4

 

 

 

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26 responses to “US economy is dead in the water, NY Times media BLS and White House employment lies, Robust hiring?, White american employment decimated under Obama, Citizen Wells and Zero Hedge report job facts, Times receives 4 Orwells

  1. “Zero Hedge presents the real employment changes in November 2015 and since December 2007.

    “326,000 Native-Born Americans Lost Their Job In November: Why This Remains The Most Important Jobs Chart”

    “Friday’s release of a “just right” jobs report, in which the US economy reportedly added 211,000 jobs, more than the 200,000 expected, solidified its position as the “most important” one in recent years, after it was broadly interpreted by economists as the sufficient condition for the Fed to hike rates on December 16, 7 years to the day after the same Fed cut rates to zero.”

    https://citizenwells.com/2015/12/06/native-born-americans-lost-326000-jobs-in-november-2015-white-american-employment-decimated-under-obama-foreign-born-workers-gained-375k-employments-in-nov-up-260-percent-since-dec-2007-where-is-do/

  2. There should be little doubt as to why Hillary Clinton scrubbed her emails, and it’s not because of Benghazi. Nor did Hilary Clinton want to protect herself from the idea that she exposed secrets. She is more than prepared to weather those storms, and for the most part she has.
    But the storm that Clinton cannot weather is The Clinton Foundation.

    I received an email where Charles Krauthammer supposedly dissected how The Clinton Foundation acts as a money laundering front, and works only to enrich the Clinton family.

    According to Krauthammer, this foundation should be illegal and certainly represents a conflict of interest. The Clinton Foundation is “organized crime” at its finest, and we are financing it.

    http://theblacksphere.net/2016/01/clinton-foundation-money-laundering-scheme/

  3. CW…………
    ………would the 211,000 people be college educated burger flippers? I guess this is where the rubber hits the pavement!

  4. Bob Strauss……..
    With respect to the Clinton (alleged) “foundation” I think the term RICO is MORE THAN APPROPRIATE! I would pray that this criminal venture is dealt with in full prosecution of the perpetrators. This would be the least that they have coming, when we take the time to consider their past going clear back to Arkansas. I hope the law bites them HARD!

  5. The law is the law, but the Clintons seem to think it doesn’t apply to them. Hopefully it SOON WILL!

  6. byebye all………….have a great day tomorrow!

  7. Did anyone ever think all the stories we’ve read of other countries’ leaders corrupt games would strike our country??

  8. Bob, Hillary set up a private server instead of using the one provided by government in order to prevent anyone from seeing her emails. She lied and said that the hard drive had been erased. Due to the Ben Benghazi committee and Judicial Watch, now all of her emails are being exposed to the world. God does work in mysterious ways!

  9. Columnist Devvy Kidd obliterates phony constitutionalist and irritating sounding broadcaster Mark Levin over his idiocy in regards to Barry Obama’s Artcile II constitutional ineligibility and now Canadian-born Ted Cruz’s.

    http://www.birtherreport.com/2016/01/double-whammy-columnist-devvy-kidd.html#more

  10. Jonah | January 11, 2016 at 12:38 am |

    Bob, Hillary set up a private server instead of using the one provided by government in order to prevent anyone from seeing her emails. She lied and said that the hard drive had been erased. Due to the Ben Benghazi committee and Judicial Watch, now all of her emails are being exposed to the world. God does work in mysterious ways!
    ******************

    Jonah,
    I’m hoping Trump is elected, and he opens the floodgates on these crooks, by prosecuting every last one of them for their crimes, including Barry, Nancy Pelosi, and Moochelle, and then void everything this usurper has touched, it will be no time for political correctness.

  11. Bob Strauss………
    ………AND NOW…..a little off topic but FOOD FOR THOUGHT!
    …………the mayor of Philadelphia (liberal democrat) is blaming guns for the attack upon one of his officers. NO SHI# DICK TRACY! THEN HOW ABOUT JUST BANNING GUNS IN PHILADELPHIA ALTOGETHER, INCLUDING THE POLICE, AND LETS SEE WHAT THAT BEGETS………LOOKS AS THOUGH PHILLY IS ON A PAR WITH BALTIMORE……….WITH JACKA$$ES AT THE HELM! OF COURSE WE MUST KEEP IN MIND THAT THE LOGO OF THE DEMOCRATIC PARTY IS A JACKASS. SADLY THE SAME SORT OF HORSES A$$ IS LEADING OUR COUNTRY,AND WITH THEM “UP BECOMES DOWN”.

  12. ……..SO WHAT MORE NEEDS TO BE SAID?

  13. HAVE YOU EVER THOUGH ABOUT WHERE OBAMA WILL LIVE WHEN OUT OF OFFICE NEXT JAN ?….WELL HERE’S A STRONG CLUE…..

    http://awdnews.com/top-news/top-us-admiral-fired-for-questioning-obama-purchase-of-mansion-in-dubai

    A stunning new Foreign Intelligence Service (SVR) report circulating in the Kremlin today states that one of the United States Navy’s top commanders was relieved of his command a few hours ago after he sent out an “email/posting” revealing that President Barack Obama was in the process of purchasing a multi-million dollar seaside luxury villa in the United Arab Emirates city (UAE) of Dubai.

    According to this report, the Commander of the US Navy’s Carrier Strike Group 15, Rear Admiral Rick Williams, posted a “pointed” query on 8 January [since deleted] to the US Naval Institute’s “Readiness Kill Chain” “recipients/responders” list as to why Navy security and intelligence personal had been dispatched from Naval Support Facility Thurmont (aka Camp David) to Dubai on what he termed an “Obama house hunting mission”.

    Within 18 hours of Admiral Williams posting this query, this report continues, the US Navy’s Third Fleet Commander, Vice Admiral Nora Tyson, acting on direct orders from her Commander-In-Chief, President Barack Obama, fired Admiral Williams stating her action was “due to a loss of confidence in his ability to command” because of “allegations of his misuse of government computer equipment”.

    When further questioned by Russian Today journalists via email to provide more details about Admiral Williams firing, this report notes, the Pentagon failed to reply—but then began releasing “anonymous” stories to the US press that Admiral Williams had been viewing pornography on his computer.

    To such an absurd claim that Admiral Williams (or any US Navy officer or seaman in fact) could view pornography on their computers, SVR analysts in this report note, is an impossibility due to the US Navy/Marine Corps Intranet (NMCI), which not only blocks such sites, but also requires each single user to log in with their own unique password and username and whose records are meticulously kept and reviewed on a daily basis (thanks to Edward Snowden)—and which one would logically think one of the highest ranking officers in the US Navy would surely be aware of.

    As to the “Obama house hunting mission” Admiral Williams was making his query about before being fired, this report continues, SVR intelligence “assests” in the UAE identified it as being a luxury seaside villa located in the Palm Jumeirah development of Dubai being offered for sale at the price of $4.9 million (18 million United Arab Emirates Dirham), and which a deposit on it was made this past week by the Washington D.C. based global public affairs company Podesta Group.
    Important to note about the Podesta Group, this report notes, is that its leader is Tony Podesta, who aside from being one of the most powerful oligarchs in the US, is a close personal friend of President Obama too.
    ———————————————————————————————-

    looks to me like Obama (or whatever name he wants) will be going back to being a “sand flea” where he can pray to Muhammad all he wants……the big question will be, will Moouch go with him ?

    Radical Muslims in radical Muslimland do not take kindly to homosexuals, even ex-presidents with tranny’s in tow . ……..this may turn out to be very interesting !

    It sure will leave an awful lot of democrats and other stupid people with EGG all over their faces here in America….and it will show the dumb-assed voters just how stupid they have been and how Obama has played them like a finely tuned violin.

    I’m just sorry a good military officer has lost his job over exposing this out of country purchase of Obama’s next home..

  14. Here’s a picture of Obama’s next home in Dubai…..
    http://woundedamericanwarrior.com/breaking-top-us-admiral-fired-for-questioning-obama-purchase-of-mansion-in-dubai/
    Any questions now about this fake….?

  15. I demand that the Democratic party pays us (TAX PAYERS) back for all the campaigning that he has done for the Democrats!

  16. oldsoldier79……
    ………..BTW Dubai is an UNEXTRADITABLE country, by treaty. Of course that doesn’t make it free of well trained assassins. The higher he tries to move the greater is the potential for his assassination. When you purposely step on the toes of certain foreign entities, and /or personalities the likelihood of a well placed bomb becomes substantially increased. If he decides to settle in Dubai he is putting himself and his adopted kids at substantial risk. He will quickly discover that such people got where they are today by DECEIT, and MURDER……….and I have no reason to believe that they will make an exception in his case either. If he so much as passes gas at the wrong time he could end up DEAD. That is the natural order of business in Dubai……….for now I will simply say SOONER OR LATER!
    ………I believe that he will quietly get rid of MOOCH, and the kids very soon after he leaves office. Without such encumbrances he is free to do as much adventure as he chooses. I think that this will be when he enrages somebody with power, and when he steps on the wrong toes……BOOM!

  17. ………maybe it is far to much to ask old ZEUSS at Mt Olympus to WHOMP UP a 20 quadrillion volt lightning bolt, and launch it at the luxury mansion after it is occupied by a beslippered, pipe smoking Soetoro………but then maybe old ZEUSS will get POd enough on his own and rid humanity of the foul bastard who struts around like a Banty rooster.

  18. Covering up for the usurper, I wonder what their motivation is?

    *********

    Judicial Watch, Inc. feeling fed up.

    IRS Commissioner Koskinen is ignoring the law and court orders in order to cover-up the facts about exactly who was behind the IRS targeting scheme…and just how far and how high this conspiracy extended into the Obama administration.

    Impeach Obama IRS Commissioner Koskinen Now!

    Koskinen has aided and abetted the Obama administration in covering up a scandal of monstrous proportion and severity –the chilling Obama administration scheme that involved former IRS employee Lois Lerner to deploy the awesome…
    judicialwatch.org

    http://www.judicialwatch.org/blog/poll/impeach-koskinen/?source=46

  19. Legality of Cruz’s natural-born US citizenship explained
    Jan. 11, 2016 – 3:40 – On ‘America’s Newsroom,’ Judge Andrew Napolitano says the law is ‘solidly’ on the senator’s side after a challenge from Donald Trump

    http://video.foxnews.com/v/4698578258001/legality-of-cruzs-natural-born-us-citizenship-explained/?playlist_id=903354961001#sp=show-clips

  20. ……….and it wouldn’t surprise me at all if ALL of the fired upper echelon military people got together and created their own little surprise party for Soetoro……………and at some point during the caviar serving there would be either a rifle discharge, or an earth shaking explosion. They nearly got Hitler the same way. Had the perpetrators in Hitler’s case had the time to finish the bomb that they had planned Hitler would have been blown to bits. As it was the plot was very nearly exposed, making it necessary to them to use what they had…..which brought the strength of the explosion to a mere fraction of what it would have otherwise been,……….which Hitler survived………but in the end he allegedly died of his own hand. Fitting dispatch of a Nazi SUPERMAN………the coward’s dispatch!

  21. Jonah……
    ……….even though the law might be on Cruz’s side it doesn’t mean that eligibility should be decided by CASE LAW. If his parents were NOT BOTH us citizens at the time of his birth he is NOT an NBC! Why Napolitano would say that the law is on his side is anybody’s guess. When the leaders of America return to the values of PRE WW2 America, at least the Constitution would again rank supreme. It seems as though everybody has some sort of WHAT IF baloney in their mind. Those are the words that create unsureness but most of the time the WHAT IF PARADIGHM is full of holes, and legally does not hold water. This is the work of our MASTER WORDTWISTERS. I personally believe that the requirements for NBC are well set out by Vattel. No further explanation is needed. That is one reason why the Constitution does NOT NEED INTERPRETATION. It has been composed with the utmost care by the founding fathers. I believe that composers of the Constitution had a absolute mastery of the English language. We do not reshape, or rewrite laws to fit society, rather society is expected to be civilized enough to follow the word of law. When the meaning of a law, or it’s application becomes questionable it is time for the law to be sent back to the legislators.

  22. Jonah, sadly this is what Fox has become.
    Napolitano is wrong.

  23. Jonah………..
    …………if what Napolitano is saying is true then there will have been an amendment to the Constitution in that regard. Napolitanos words were “100 year old”, so there is where we need to look at amendments involving NBC that were allegedly executed 100 years ago, which would make such an action as having been done in 1916, or perhaps 1915. So now all we need to do is check the amendments to the Constitution and when they were carried out. The record will either confirm what Napolitano says or he will be made out as a LIAR. Anybody know how to check the dates of amendments, and the ratification thereof?

  24. Surely he is not quoting the 14th amendment.

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