Exactly one month ago, we extended our analysis of data fabrication (whether intentional or accidental) at Biden's Department of Labor and Bureau of Labor Services, by looking at layoffs and job openings data, finding that the former was far higher than officially reported when compared to accurate, state level WARN notices...
The value of good data is - people then know what is coming and can prepare accordingly. They gain trust too in a no-bullshit presentation and can adapt, or at least deal with the feelings and think about rational responses.
Of course, if lie after lie after lie have instead mounted, then well, the smack of reality will be ultrahard for those that still listen to various “mainstream” propaganda sources. When Tech is tossing up to 75% of their workforce onto the street (Musk, Twitter), what chance is there for relatively lower-skilled people (debatable BTW) to secure that job to pay for the inflated cost of everything?
If the Fed stops raising rates, or even backtracks on rates, the inflation spiral will destroy incentives to work since you keep getting less and less for your money. If the FED raises rates, those businesses aren’t going to borrow new capital to support operations. Instead, we are seeing stock buy backs propping up share prices ($1 trillion of them in 2023). This helps CEOs keep their stock options in the good and benefits people who are already in the top 10% of the more-wealth-for-us, but no-soup-for-you class. Harvard Business Review noted this in 2014. And GET who SAID IT:
The buyback wave has gotten so big, in fact, that even shareholders—the presumed beneficiaries of all this corporate largesse—are getting worried. “It concerns us that, in the wake of the financial crisis, many companies have shied away from investing in the future growth of their companies,”Laurence Fink, the chairman and CEO of BlackRock, the world’s largest asset manager, wrote in an open letter to corporate America in March. “Too many companies have cut capital expenditure and even increased debt to boost dividends and increase share buybacks.”
With that, no hiring, will equal catastrophic unemployment soon - even as the DOL/BLS keep massaging data with less talent than the once readily available massage-therapist-at-the-mall job position. Evidently, the BLS and DOL can “legally” do this until February 2024.
Well then, no worries: the problem will have already PRESENTED ITSELF.
When the Debt bubble bursts - the U.S. interest on its $31+ trillion short-term, National Debt or the World Debt, at approximately $325 Trillion - this is gonna be one MASSIVE WORLD PROBLEM, and fuel for Casus belli: a cause for war.
Chaos and war fog hide corruption, lies, and bury investigations into all sorts of crimes. In this case, how far back do we go?
As far as data, one a measurement becomes a target or goal, it ceases to be an accurate measurement. It is better to look at private data or gross measurement. I like to look at payroll taxes, and overall revenue to guage where the economy/jobs is at.
My eyes have been open since the clowns in the White House took over. What a bunch of inept leaders compared to Trump's admin since Trump's policies where correct.
Fighting inflation by raising interest rates is like flatlining a patient to fight hypertension. It works, but, the side effects are brutal!
Want to tame inflation? Bring the cost of diesel down below $4 per gallon. Diesel prices have skyrocketed under the "Biden" regime. They despise diesel almost as much as they despise us. Yet, diesel is the lifeblood of the economy. Ships, jets, trains, trucks - they all move on diesel.
How can we lower the cost of diesel, you ask? By turning mountains of cheap, abundant, domestic coal into lakes of pristine clean diesel. The proven process for making diesel from coal is over a century old. AND a couple scientists won a Nobel Prize in Chemistry a decade ago for a clever breakthrough that emulates nature to greatly increase the amount of diesel produced from coal. That's plenty of time to get that great idea out of the lab and onto the plant floor.
The Malthusian Marxists in DC will howl at this and try to stop it. But thank God and the Founding Fathers for federalism! West Virginia - Mountain Mama - bring lower prices home by working your bounty of coal for everyone's benefit. Enough truckers will plan their trips to swing through your state so they can fill up to negate whatever roadblocks the Leftist Feds try to throw up.
We must all get behind our president.
And kick his ass out the door
With a quickness!
Or down the stairs. No, wait - he doesn't need a push for that, he can do it on his own.
Its his only true skill aside from corruption and evil.
As far as data, one a measurement becomes a target or goal, it ceases to be an accurate measurement. It is better to look at private data or gross measurement. I like to look at payroll taxes, and overall revenue to guage where the economy/jobs is at.
I like all sorts of indicators. Tax payrolls - leading economic one - attaches to hours worked/salaries. Rates of changes....
I didn't try to bog people with a ton of data here.
Certain states and countries would be interesting to see (if truthful data was shared).
Thanks.
They used to refer to this as “creative destruction” but my eyes are now opened.
My eyes have been open since the clowns in the White House took over. What a bunch of inept leaders compared to Trump's admin since Trump's policies where correct.
🎯🎯🎯
Fighting inflation by raising interest rates is like flatlining a patient to fight hypertension. It works, but, the side effects are brutal!
Want to tame inflation? Bring the cost of diesel down below $4 per gallon. Diesel prices have skyrocketed under the "Biden" regime. They despise diesel almost as much as they despise us. Yet, diesel is the lifeblood of the economy. Ships, jets, trains, trucks - they all move on diesel.
How can we lower the cost of diesel, you ask? By turning mountains of cheap, abundant, domestic coal into lakes of pristine clean diesel. The proven process for making diesel from coal is over a century old. AND a couple scientists won a Nobel Prize in Chemistry a decade ago for a clever breakthrough that emulates nature to greatly increase the amount of diesel produced from coal. That's plenty of time to get that great idea out of the lab and onto the plant floor.
The Malthusian Marxists in DC will howl at this and try to stop it. But thank God and the Founding Fathers for federalism! West Virginia - Mountain Mama - bring lower prices home by working your bounty of coal for everyone's benefit. Enough truckers will plan their trips to swing through your state so they can fill up to negate whatever roadblocks the Leftist Feds try to throw up.
This illegitimate administration would stoop to - >GASP!!!!< - lying?
I am shocked!