Category Archives: Economy

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

 

 

 

December 2015 real employment data, US labor Dept. tables, White american employment decimation continues, 139k more whites unemployed, Jan to Dec mere gain of 276k, Hispanics gain 71k employments in Dec

December 2015 real employment data, US labor Dept. tables, White american employment decimation continues, 139k more whites unemployed, Jan to Dec mere gain of 276k, Hispanics gain 71k employments in Dec

“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

 

The financial markets are jubilant as they typically are with the Orwellian job reports from the US Labor Department.

All of the mythical jobs being created.

Such as the alleged 292,000 jobs created in December 2015.

If that many jobs were created in December or any other month in 2015 or any month under Obama, how come the following is true?

There were 139,000 more whites unemployed in December.

From January to December 2015, there were only 276,000 more whites employed.

Of course, Hispanics gained 71,000 employments in December.

Can the folks on Wall Street not read?

Or are they just brainwashed by the Orwellian media and White House?

From Citizen Wells September 4, 2015.

“***  Update 8:55 AM  ***

“Total nonfarm payroll employment increased by 173,000 in August, and the
unemployment rate edged down to 5.1 percent, the U.S. Bureau of Labor Statistics reported today.”

There was an increase in 23,000 white American employment in August.
However, white employment is down 132,000 since January!!!

***

***  Update 9:10 AM  ***

Almost 1.5 million more white Americans dropped out of labor force since Jan.

White employment to population ratio down .3 percent since Jan.

White labor force participation rate down .6 percent since Jan.

***

Regardless of the unemployment rate and jobs data provided by the US Labor Department this morning, September 4, 2015, the real employment situation can also be found in their data.

White employment.

WhiteEmployment

Hispanic employment.

HispanicEmployment

I found this article by Business Insider from February 10, 2011.

“No One Looking At This Chart Could Possibly Call It A Recovery”

“Currently the problem in the US jobs market mainly lies with, what I call, the maintenance rate. This is the minimum monthly job creation rate that our enormous system–our economy and government with its revenues and liabilities–must have in order to maintain itself as population grows. Getting lost in the weeds, therefore, of monthly unemployment rates is a waste of time. After having lost 8+ million jobs from the top of the last expansion, nitpicking one’s way through the additions, revisions, and changes to the presumed size of the work force misses the point. And that’s this: any month in which the US does not create at least 125,000 jobs, from a systemic point of view, is negative. It’s less than zero.”

“Now you know why annual government budgets have blown out into the the trillions: the economic flows normally provided by a functioning economy are now provided through unemployment checks, food stamps, FDR style spending and other distributions. In short, the “economy” cannot be experiencing a recovery when, after 10 years of population growth and growth in future liabilities, the number of people employed is hovering around levels last seen in 2002-2004. Whether you chose to look at just Non-Farm Employment, or Total Employment, the US Labor Market is essentially flat-lining since a deep trough was reached in late 2009, early 2010.

Those who would make sweeping claims about a recovery in the entire economy should place these two charts shown here in their printed columns, along with the fact that the US population has grown by over 25 million people since the year 2000.”

Read more:

http://www.businessinsider.com/when-recoverys-just-a-word-2011-2

The referenced study from above was retrieved from the WayBack Machine.

Why was it scrubbed?

From the Brookings Institute February 4, 2011.

“The traditional unemployment rate does not fully capture the extent of labor underutilization in our economy. In addition to the 14 million Americans who are officially counted as unemployed (the jobless who are still actively looking for work), there are over 11 million Americans who either want to work but have given up looking, or who are underemployed in the sense that they are working part time because full-time work is unavailable. These additional workers are less visible but are undoubtedly victims of the recent recession.”

“The Hamilton Project explores the monthly “job gap” based on the employment numbers—or the number of jobs the economy needs in order to return to return to pre-recession employment levels while absorbing the 125,000 people who enter the labor force each month.

The annual revision to the historical payroll numbers released with the January report paint an even starker picture for the job gap this month, increasing it to 12.4 million jobs.

The chart below shows the evolution of the job gap since the start of the Great Recession in December 2007. The thick line in the chart below shows the net number of jobs lost since the Great Recession began.

The broken lines display the date by which the jobs gap would be closed under alternative assumptions about the rate of job creation going forward. If the economy adds about 208,000 jobs per month, the average monthly rate for the best year of job creation in the 2000s, then it will take until July 2023 to close the job gap. At a more optimistic rate of 321,000 jobs per month, the average monthly rate for the best year of the 1990s, the economy will reach pre-recession employment levels by May 2016. ”

https://web.archive.org/web/20110209104602/http://www.brookings.edu/opinions/2011/0204_jobs_greenstone_looney.aspx

From Zero Hedge September 2, 2015.

“Exposing The Lie Behind The “Strong Jobs Recovery” In One Chart”

“With all eyes glued to Friday’s payrolls report, we thought it worth reiterating some ‘facts’ about US employment data. As ECRI notes, the sustained decline in the official jobless rate – now approaching the Fed’s estimate of “full employment” – is a misleading indicator of labor market slack. The data shows that the so-called jobs recovery has been spearheaded by cheap labor, with job gains going disproportionately to the least educated — and lowest-paid — workers.

Indeed, the stagnation in nominal wage growth is consistent with the weakness in the employment/population (E/P) ratio. That said, even the E/P ratio may be overstating the health of the jobs market.

After dropping to three-decade lows in the wake of the Great Recession, the E/P ratio, has barely improved since the fall of 2013, reversing only about one-fifth of its decline from its pre-recession highs.””

https://citizenwells.com/2015/09/04/us-labor-dept-employment-charts-reveal-no-jobs-recovery-for-native-born-americans-september-4-2015-low-wage-part-time-jobs-going-to-immigrants-business-insider-warning-from-2011-economic-flows-p/

 

Greensboro NC YWCA new family shelter reveals the real economy and faces of hunger, News Record reports hunger correctly but misstates employment, I’m tired of lies from Washington and state capitals about jobs and the economy

Greensboro NC YWCA new family shelter reveals the real economy and faces of hunger, News Record reports hunger correctly but misstates employment, I’m tired of lies from Washington and state capitals about jobs and the economy

“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

 

I’m tired of lies from Washington and state capitals about jobs and the economy.

I am also tired of the mainstream media misrepresenting the economy and jobs situation.

Occasionally the Greensboro News Record produces a meaningful, quality article. This is one.

“24 hours in the YWCA’s new family shelter in Greensboro”

“Outside, the rain is cold and pounding.

A clock inches toward 8:45 a.m., the time each day that guests must leave the family shelter at the YWCA, which won’t reopen until late afternoon.

A young dad — who just finished packing a day of snacks from a table where brown paper bags are laid out for families to use — has to get the last of his brood into a coat.

And that child — one of four siblings under the age of 4 — isn’t cooperating.

“No,” she says firmly, perhaps sensing the misery to come, as the family’s normal routine includes a half-mile walk to the nearest bus stop.

Cries echo down the hallway as the siblings eventually trudge like baby ducklings out the door behind the mom, who just finished her last college exam and is on winter break, and the dad, who finds activities for the children during the day.

Jan Hill, the overnight staff person, locks up behind them.

These are not her favorite moments in the 24-hour cycle of one of the state’s few homeless shelters for families.

That the families had a warm bed, place for the children to run around and free meals last night gives her some solace.

A place to stay

The YWCA shelter is a place where families are able to put their lives back on track.

It is a modest space, with its own entrance at the back of the nonprofit’s building on East Wendover Avenue, that can house about 30 people. At the moment, that’s room for seven families.

The shelter’s goal is to help homeless families develop skills to achieve financial stability, pay off debts and save enough to move into permanent housing. A case worker works with them. Closing the doors at 8:45 a.m. is a nudge to the parents, that they need to be using their time wisely, such as going out looking for jobs.

The ones who seek help here are in the growing number of families who have fallen out of the middle class because of layoffs or companies closing or underemployment; of working-class people grappling with loss of benefits or reduced hours or rising prices that give them less to live on; and of others who may work several part-time jobs while going back to school to get GEDs or training or degrees that can make the family self-sufficient again — or for the first time.

Many end up on the other end of the line at the YWCA shelter, asking if there’s any room. Families are also referred by other agencies.

Problem is, the shelter can only take in a few and the need is great. Estimates show that in Guilford County at least 70 families are on a waiting list for a shelter at any given time. In the meantime, they and those that are deemed the invisible homeless, may live in cars or hotels or sleep on the couches and floors of friends as long as they can.

“When you are living in day-to-day crisis mode, it can be hard,” shelter director and case manager Michelle Cheek said. “It’s not alleviating all of their problems, but it’s reducing their stress.”

Most shelters are built like dorms with beds for adult men and women, grouped by gender.

Here, there are three separate bedrooms on one side for families with dads and older male children. These families share a large private bathroom. The other side holds a large space divided by partitions.

There are communal showers like those in middle school gyms.

A larger space is covered with tables for meals and a play area that’s stocked with books and has mats on the floor for children.

There’s a laundry room with multiple washers and dryers.

A large pantry nearby is stocked with breakfast cereals, fruits and other items — on this day, muffins — donated by volunteers and local businesses.

During the day, children go to school while their parents work or look for jobs.”

“The YWCA program opened in July with no funding dedicated to the shelter at all. It has depended on individual donations, a handful of local churches and a few grants.

And Garnette’s sheer will.

“I’m a strong believer that when you do the right things for the right reasons, they work out,” Garnette said. “We researched it. We believe it’s necessary. And in this community, it’s not OK for 2-year-olds to be sleeping in cars.””

“Shortly after 3:30 p.m. on a recent day, a school bus stops and drops off two of the children living at the shelter.

The doors to the shelter won’t open for another hour and a half, so the kids climb into an aging vehicle with their mother and they drive away.

A slightly older child who got picked up from school by his mom sits with her in the car — a beat-up vehicle with a missing passenger side window now covered by a towel — until it is time to come inside.

When the doors open at 5 p.m., some of the older children come in carrying heavy backpacks and almost immediately disappear into their family’s room.

“I think it is harder on the older children,” Hill said. “They remember what it was like to live in their own home.

“They also worry that their friends will find out.”

But after living on the streets or having nowhere else to turn and empty pockets, the parents know it is their best — and only — option.

Among the families who have stayed here recently is a single mother working two part-time jobs. She came here when her youngest son was just 2 weeks old. He’s now 3 months old.

Once she can settle an old Duke Energy bill that she says someone else ran up in her name, she will be able to move into her own apartment.

Another family learned of the shelter after neighbors in an out-of-the-way cul-de-sac noticed a car idling there for hours. When the car’s dome light flipped on, children could be seen moving around inside. They called police, who called the shelter.

There’s the single dad who had been sleeping on a park bench with his 4-year-old daughter because an old eviction kept him from being able to rent again.

He recently sat at a table in front of a woman who was laid off from a full-time manufacturing job. She sees the program as a place for her to start over.

“It was comfortable and safe, and I slept so good that first night,” she said. “But I just want to find a job, find decent housing, and I can go from there.””

Read more:

http://www.greensboro.com/news/local_news/hours-in-the-ywca-s-new-family-shelter-in-greensboro/article_479dff86-8fe9-5676-a062-3010255c8f67.html

Also from the Greensboro News Record December 27, 2015.

“North Carolina’s job growth doesn’t necessarily mean prosperity, stability or recovery”

“A dramatically changing economy in the state, corporate practices that erode wages and a common type of fraud that cheats workers out of wages and the state out of tax dollars are all part of the problem.

Here are some of the key figures to show you the shifts in the region’s economy since the turn of the century:

  • From January 1999 through November 2015, the Greensboro-High Point metropolitan statistical area lost 32,500 goods-producing jobs, which typically pay high wages, according to the N.C. Department of Commerce.
  • During the same period, the metro area gained 40,200 service jobs, which pay lower wages and offer employment with less stability and fewer benefits.
  • Although the national unemployment rate, at 5 percent, has returned to its pre-recession level, unemployment in the Greensboro-High Point metro, at 5.5 percent in November, remains above the 5.3 percent rate of January 2008.
  • North Carolina’s median annual household income in 2014 was $47,000, down from an inflation-adjusted $53,000 in 1999, according to the U.S. Census Bureau.
  • In the United States, 13.3 million more people are working than at the depth of the recession in 2010, and 4.5 million more Americans are working than before the recession in 2008, according to the U.S. Bureau of Labor Statistics.

Many economists say the nation has fully recovered from the recession, and North Carolina’s major cities are the state’s success stories. But many rural counties and smaller metropolitan statistic areas — or MSAs — have not seen that level of success, which has created an uneven economic recovery, said a year-end report by the N.C. Justice Center, a nonprofit group that studies labor and economic issues. According to that report, 26 of the state’s 100 counties lost jobs from October 2014 through October 2015.”

“Permanently temporary

Lower-quality jobs is not the only reason for the wage decline, Shaw said.
Corporations have added more temporary, or “contingent,” employees to their workforces, either to account for seasonal variations or create a permanent level of employees without benefits or other perks that permanent workers receive.
Shaw said temporary workers are becoming a permanent strategy for many companies in this state.”

Read more:

http://www.greensboro.com/business/north-carolina-s-job-growth-doesn-t-necessarily-mean-prosperity/article_47cadc65-823b-525b-9381-77ad6f996d99.html

Now let’s set the record straight.

The New Record and other mainstream media won’t touch this because it indicts Obama and illegal aliens for taking native born American jobs.

The News Record stated:

“In the United States, 13.3 million more people are working than at the depth of the recession in 2010, and 4.5 million more Americans are working than before the recession in 2008, according to the U.S. Bureau of Labor Statistics.”

There are ZERO more white Americans working since 2008 and only approx. 4 million more since 2010.

That is a huge difference!

 

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 Donald Trump?

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 Donald Trump?

“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 has been warning you for many months about the decimation of white American employment under Obama.

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.

As such, if indeed the Fed does hike, over the next several quarters, the US labor data will take a secondary place in terms of importance unless, of course, it plummets in which case the Fed will be forced to quickly undo its tightening policy and go back to ZIRP if not NIRP and more QE.

However, even as the Fed’s “data (in)dependent” monetary policy takes on secondary relevance as we enter 2016, one aspect of the US jobs market is certain to take on an unprecedented importance.

We first laid out what that is three months ago when we said that “the one chart that matters more than ever, has little to nothing to do with the Fed’s monetary policy, but everything to do with the November 2016 presidential elections in which the topic of immigration, both legal and illegal, is shaping up to be the most rancorous, contentious and divisive.”

We were talking about the chart showing the cumulative addition of foreign-born and native-born workers added to US payrolls according to the BLS since December 2007, i.e., since the start of the recession/Second Great Depression.

Curiously, it is precisely this data that got absolutely no mention following yesterday’s job report, about which the fawning mainstream media only noted, in passing, one negative aspect to the report: the fact that 319,000 part-time jobs for economic reasons were added in November. However, with Trump and his anti-immigration campaign having just taken the biggest lead in the republican primary race, we are confident that the chart shown below will soon be recognizable to economic and political pundits everywhere.

And here is why we are confident this particular data should have been prominently noted by all experts when dissecting yesterday’s job report: according to the BLS’ Household Survey, while 375,000 foreign-born workers found jobs in November, a whopping 326,000 native-born Americans lost theirs.”

native vs foreign bornNov2015

NativeVsForeignSinceDec2007

Read more:

http://www.zerohedge.com/news/2015-12-05/326000-native-born-americans-lost-their-job-november-why-remains-most-important-jobs

Where is Donald Trump on this?

These are some of the most earth shattering, relevant stats ever revealed.

White employment up 55k for 2015, 2 million jobs added???, Since January white American labor force participation down .7 % not in labor force increased 1.734 million, Where is Donald Trump on this?

White employment up 55k for 2015, 2 million jobs added???, Since January white American labor force participation down .7 % not in labor force increased 1.734 million, Where is Donald Trump on this?

“In today’s labor market, there are nearly 1 million “missing” young workers—potential workers who are neither employed nor actively seeking work (and are thus not counted in the unemployment rate) because job opportunities remain so scarce. If these missing workers were in the labor market looking for work, the unemployment rate of workers under age 25 would be 18.1 percent instead of 14.5 percent.”…Economic Policy Institute May 1, 2014

“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

 

 

You have no doubt read or heard the latest employment jobs added from the US Labor Department and regurgitated by the mainstream media.

All of the good news that will prompt Janet Yellen and the FED to finally raise interest rates.

Once again, here is the truth from Citizen Wells.

Since January 2015, there has been a gain in employment for White Americans of 55,000.

You read that right.

Do not take my word for it, go straight to the the US Labor Dept. historical tables.

Also, from the same tables.

The labor force participation rate for whites is down .7 percent.

The number of whites not in labor force increased 1.734,000.

Where is Donald Trump on this?

Obama economy hitting NY City, 36 percent in Bronx trouble buying food, 30 percent in Manhattan just getting by, Shades of 1984 and Big Brother propaganda

Obama economy hitting NY City, 36 percent in Bronx trouble buying food, 30 percent in Manhattan just getting by, Shades of 1984 and Big Brother propaganda

“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

“U.S. food banks are expected to give away about 4 billion pounds of food this year, more than double the amount provided a decade ago, according to Feeding America, the nation’s primary food bank network. The group gave away 3.8 billion in 2013.
While reliance on food banks exploded when the economy tanked in 2008, groups said demand continues to rise year after year, leaving them scrambling to find more food.”…Associated Press August 13, 2015

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

 

 

You have been hearing and reading it for several years in the mainstream media and White House press releases. The economy and jobs are improving.

If you are a reader of Citizen Wells you knew that was a lie.

A lie reminiscent of those told to the populace in “1984” by George Orwell.

Consider this from “1984.”

“But actually, he thought as he re-adjusted the Ministry of Plenty’s figures, it was not even forgery. It was merely the substitution of one piece of nonsense for another. Most of the material that you were dealing with had no connexion with anything in the real world, not even the kind of connexion that is contained in a direct lie. Statistics were just as much a fantasy in their original version as in their rectified version. A great deal of the time you were expected to make them up out of your head. For example, the Ministry of Plenty’s forecast had estimated the output of boots for the quarter at one-hundred-and-forty-five million pairs. The actual output was given as sixty-two millions. Winston, however, in rewriting the forecast, marked the figure down to fifty-seven millions, so as to allow for the usual claim that the quota had been overfulfilled. In any case, sixty-two millions was no nearer the truth than fifty-seven millions, or than one-hundred-and-forty-five millions. Very likely no boots had been produced at all. Likelier still, nobody knew how many had been produced, much less cared. All one knew was that every quarter astronomical numbers of boots were produced on paper, while perhaps half the population of Oceania went barefoot. And so it was with every class of recorded fact, great or small. Everything faded away into a shadow-world in which, finally, even the date of the year had become uncertain.”

From the NY Times November 18, 2015.

“Half of New Yorkers Say They Are Barely or Not Getting By, Poll Shows

Half of New York City residents say they are struggling economically, making ends meet just barely, if at all, and most feel sharp uncertainty about the future of the city’s next generation, a new poll shows.

The poll, conducted by The New York Times and Siena College, shows great disparities in quality of life among the city’s five boroughs. The stresses weighing on New Yorkers vary widely, from the Bronx, where residents feel acute concern about access to jobs and educational opportunity, to Staten Island, where one in five report recently experiencing vandalism or theft.

But an atmosphere of economic anxiety pervades all areas of the city: 51 percent of New Yorkers said they were either just getting by or finding it difficult to do so.

Even in Manhattan, three in 10 said they were just getting by. (Fifty-eight percent said they were doing all right or thriving financially — the highest response of the five boroughs.)”

“In those boroughs, nearly three in five residents said they were straining to make ends meet. In the Bronx, 36 percent said there had been times in the past year when they did not have the money to buy enough food for their family; only one in five said they and their neighbors had good or excellent access to suitable jobs.”

Read more:

http://www.nytimes.com/2015/11/19/nyregion/half-of-new-yorkers-say-they-are-barely-or-not-getting-by-poll-shows.html?smid=nytnow-share&smprod=nytnow&_r=1

 

Obamacare costs skyrocket and low income people can’t afford, Huge deductibles hidden story emerges, Hospitals medical providers and public will pay for unpaid bills, Family spent half its annual income paying for obamacare

Obamacare costs skyrocket and low income people can’t afford, Huge deductibles hidden story emerges, Hospitals medical providers and public will pay for unpaid bills, Family spent half its annual income paying for obamacare

“If you’ve got health insurance we’re going to work with you to lower your premiums by $2,500 per family per year. We will not wait 20 years from now to do it, or 10 years from now to do it. We will do it by the end of my first term as president.”…Barack Obama

“Dean Griffin liked the health insurance he purchased for himself and his wife three years ago and thought he’d be able to keep the plan even after the federal Affordable Care Act took effect.

But the 64-year-old recently received a letter notifying him the plan was being cancelled because it didn’t cover certain benefits required under the law.

The Griffins, who live near Philadelphia, pay $770 monthly for their soon-to-be-terminated health care plan with a $2,500 deductible. The cheapest plan they found on their state insurance exchange was a so-called bronze plan charging a $1,275 monthly premium with deductibles totalling $12,700. It covers only providers in Pennsylvania, so the couple, who live near Delaware, won’t be able to see doctors they’ve used for more than a decade.”…Times Colonist November 2, 2013

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

 

 

Citizen Wells has been warning you for years that aside from the catastrophic effect of Obamacare on premiums our healthcare system and jobs, the hidden story was rising deductibles that lower income people will not be able to pay and the burden this will place on the entire country.

From Citizen Wells October 17, 2013.

Obamacare is increasing healthcare premiums in 45 states.

A 27 year old in Virginia will see an increase of over 252 percent.

And one of the biggest under reported Obama scandals is the skyrocketing deductibles under Obamacare.

https://citizenwells.com/2013/10/17/obamacare-increases-premiums-in-45-states-deductibles-skyrocket-27-year-old-in-va-up-252-percent-obama-lied-about-keeping-your-insurance-and-reducing-costs/

From Zero Hedge November 15, 2015.

“Meet The Family That Just Spent Half Its Annual Income Paying For Obamacare”

“Well, since the passage of the Affordable Care Act, also known as the Obamacare tax, we have watched in horror as shocker after shocker are revealed.

Some examples:

Now we can add one more thing that “was in it”: soaring deductibles, which give the fake impression of contained, low all-in costs… until one actually needs expensive medial help (and these days there is no other kind).

The latest expose against Obamacare comes not from its usual nemesis, but the hard-left NYT, suggesting that even the ideological supporters of Obama’s “crowning achievement” are losing faith. To wit:

Obama administration officials, urging people to sign up for health insurance under the Affordable Care Act, have trumpeted the low premiums available on the law’s new marketplaces.

 

But for many consumers, the sticker shock is coming not on the front end, when they purchase the plans, but on the back end when they get sick: sky-high deductibles that are leaving some newly insured feeling nearly as vulnerable as they were before they had coverage.

 

“The deductible, $3,000 a year, makes it impossible to actually go to the doctor,” said David R. Reines, 60, of Jefferson Township, N.J., a former hardware salesman with chronic knee pain. “We have insurance, but can’t afford to use it.”

 

In many states, more than half the plans offered for sale through HealthCare.gov, the federal online marketplace, have a deductible of $3,000 or more, a New York Times review has found. Those deductibles are causing concern among Democrats — and some Republican detractors of the health law, who once pushed high-deductible health plans in the belief that consumers would be more cost-conscious if they had more of a financial stake or skin in the game.

 

“We could not afford the deductible,” said Kevin Fanning, 59, who lives in North Texas, near Wichita Falls. “Basically I was paying for insurance I could not afford to use.” He dropped his policy.

In other words, Obamacare’s “affordable care” is affordable, as long as one doesn’t actually have to use it!”

Read more:

http://www.zerohedge.com/news/2015-11-15/meet-family-just-spent-half-its-annual-income-paying-obamacare