I get so very, very tired of the powers that be trying to spoon feed me and the American public false information that has little to no bearing on reality. Most of the population accepts the worthless words and goes on about their daily survival attempts. However, without truth, survival is made most difficult.
Each month the federal government shares employment numbers with the MSM. Unfortunately for the American public, the purveyors of misinformation pick, choose and massage those numbers before releasing them to us. In the words of claimed Obamacare architect, Jonathan Gruber, “Exploiting the stupidity of the American voter is fun and easy: kinda like squeezing a lemon”.
It would be great if the numbers we lemons receive had a modicum of honesty, but that is not the case. For instance, the average person on the street hears that unemployment dropped from 5.0% to 4.9%. That is a number worthy of elation for most of us given all this administration has done to ruin the work opportunities for the average toiler or engineer by destroying businesses large and small. The EPA alone has over-regulated more businesses into closure than have been fruitfully started.
Even those people who try to rely on what is presented to them as news, either in print, audio or video format, as having a touch of honesty are generally misled. Most who believe they are knowledgeable are unaware that while 7.8 million people are counted on the rolls of the unemployed there are actually over 90 million people without full time or gainful employment. They are unemployed but they are not counted as such because they are not receiving unemployment insurance.
Some have exhausted that benefit by being out of work for over 27 weeks. Without regular reporting, the bureaucracies consider they are no longer seeking work. In most cases, this is a false assumption.
Another misleading statistic is that payrolls climbed in October by 161,000. Those are people previously on assistance who were dropped because they are now receiving a paycheck. What that number doesn’t reflect is that approximately 195,000 were laid off or otherwise dismissed from employment. That is a net loss of 34,000 real jobs.
Due to the statistical misinformation we receive, one might think that employment in the U.S. is actually getting better. Take off the rosy glasses and put on your readers. Just take a minute to look at the real (or as real as it gets) figures from the Bureau of Labor Statistics (BLS). It’s dry reading with a whole bunch of numbers, but I’m sure if you take the time you’ll recognize the difference between what CNN offers and what BLS actually reports.
Or, for the sake of simplicity, open this report. If you just go down the October column of the second chart, it is easy to see that in 2008, just before the election of our current president, the job participation rate was 66.0% (34.0% true unemployment). While there has been some positive fluctuation over the past eight years, that was the last time it was so high. Today’s rate is only 62.8% (37.2% of the workforce is now idle).
The only way to increase employment is to allow business the opportunity to grow, not stifle them with unnecessary regulations and taxes.
Please vote wisely on Tuesday!