Fascinating how the unemployment numbers suddenly became reliable in 2017 after years of being phony. The hypocrisy of politicians is only exceed by their hubris.
“Unemployment rate only dropped because more people are out of labor force & have stopped looking for work. Not a real recovery, phony numbers”
Oct. 19, 2012 “7.8% unemployment number is a complete fraud as evidenced by the jobless claims number released yesterday. Real unemployment is at least 15%”
Aug. 11, 2013 “We can rev up this economy like it should be, not with false numbers like 7.4 percent unemployment. But with real numbers.”
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May 31, 2014 “Unemployment is a totally phony number.”
June 16, 2015 “Our real unemployment is anywhere from 18 to 20 percent. Don’t believe the 5.6. Don’t believe it.”
Aug. 11, 2015 “Then you hear there’s a 5.4 percent unemployment. It’s really — if you add it up, it’s probably 40 percent if you think about it.”
Aug. 30, 2015 “They show those phony statistics where we are 5.4 percent unemployment. The real number, I saw a number that could be 42 percent, believe it or not.”
Sept. 28, 2015 “I hear 5.3 percent unemployment, that is the biggest joke there is in this country. That number is so false.”
Sept. 29, 2015 “The number is not reflective. I have seen numbers of 24 percent. I saw a number of 42 percent unemployment. … That number is so false.”
Oct. 9, 2015 “They say 5.3 percent employment. The number is probably 32 percent.”
Oct. 11, 2015 “Nobody has jobs. … It is not a real economy. It is a phony set of numbers. They cooked the books.”
Jan. 17, 2016 “Look again, you hear these phony jobs numbers? People that gave up looking for jobs? They are considered employed.”
Feb. 9, 2016 “Don’t believe those phony numbers when you hear 4.9 and 5 percent unemployment. As high as 35 — as in fact, I heard recently, 42 percent.”
March 12, 2016 “The numbers are phony. These are all phony numbers. Numbers given to politicians to look good. These are phony numbers.”
May 24, 2016 “You hear a 5 percent unemployment rate. It’s such a phony number. That number was put in for presidents and for politicians so that they look good to the people.”
July 7, 2016 “The phony 5 percent numbers that we hear about with the unemployment.”
Aug. 8, 2016 “The 5 percent figure is one of the biggest hoaxes in modern politics.”
Nov. 4, 2016 “The terrible jobs report that just came out … you can see phony numbers, 5 percent.”
Dec. 8, 2016 “The unemployment number, as you know, is totally fiction.”
DECEMBER 2017
“The unemployment rate remains at a 17-year low of 4.1%. The unemployment rate in manufacturing dropped to 2.6%, the lowest ever recorded. The unemployment rate among Hispanics dropped to 4.7%, the lowest ever recorded…”
JANUARY 2018
“The African American unemployment rate fell to 6.8%, the lowest rate in 45 years. I am so happy about this News! And, in the Washington Post (of all places), headline states, “Trumps first year jobs numbers were very, very good.”
As an Amazon Associate I Earn from Qualifying Purchases
Bad statistics from the Bureau of Lies and Scams make for funny numbers that can be make to read anything that anyone want them to say.
We are to the point where the true data on inflation, unemployment and many other areas are so inaccurate that when they are used to project results or make plans for future action, nothing ever comes out right. Garbage in, garbage out. (unless the Government is keeping two sets of books – which I doubt).
muck
unit472/
January 7, 2018 3:29 pm
I realize Ron Paul was your man but you need to get with it! There’s a whole new ball game out there and Donald Trump is batting clean up; not your failed people.
Andrea Iravani
January 7, 2018 3:30 pm
Lol Stucky, thanks for the laugh, even though you hate me.
I get into it with other Trump supporters who are buying this shit. Look, it’s a great thing we avoided the SMOD by not electing Hillary. She would have been a fucking disaster. But you have to take off the beer goggles. A year ago Trump was calling these BLS stats baloney.
And now? He’s going on nonstop about our economy roaring back and the monthly number of jobs created aren’t really much higher them Obama’s last couple years.
This more than even continuing to meddle in the ME is a huge red flag. I guess when he finally stabs us in the back over immigration is when…yeah what? WTF am I gonna do about this crap?
I have cut Trump a lot of slack but we must all face the truth that once again we were lied to and deceived by Trump. The red flags have been flying for some time particularly in the area of foreign policy but now it has extended to economic policy so what’s next to bite the dust – the border wall would be my guess. At some time even the most ardent Trump believer will realize that he/she has been suckered one more time. I suppose it was clear from beginning because Trump is a New York developer who lives or dies on the basis of cheap money created by Wall Street banks and the Fed. All they have to do is call in a few loans and Trump’s businesses would go belly-up in a flash. The only good coming out of Trump that I can see is that he exposed the Fake News media, BLS and the stock market, etc., as frauds during the campaign…even if he planned to do little about them once elected. The really good news is that the trust in the US government, MSM and “democratic” system will never recover and without support from we the people, the system can not stand…at least not for long. The government stands naked and exposed without clothes and legitimacy. And such is the situation throughout the European world. Where we go from here is difficult to forecast but my sense is that it is not going to end well…at least not in the short-term.
Iska Waran
January 7, 2018 4:09 pm
It’s like when he labeled China a currency manipulator. It was bullshit. I’m less concerned about BLS methodology than with spending being too high – both military and entitlements.
TS
January 7, 2018 4:49 pm
I voted for Trump, but I have no illusions about why and what I think he’s actually going to accomplish. I’ve been pleasantly surprised a few times, but there’s not going to be any real improvement. I reminded some people just the other day of the shit Trump pulled in the Primaries, that I said I would remember. I detest the Demo platform, and am so disgusted with the Rep. hypocrisy that I’m now non-affiliated. I’m finally so disillusioned with it all that I’m not sure I will even consider voting, ever again. Let it melt without my paltry .2 cents worth. Corrupt power-mad greed-mongers, practically every one of them. Everything now is short-term. Not a person alive could fix this economical maelstrom we’re rowing into just as fast and hard as we can. And that is just one out how many venues of destruction coming right at us, right between the eyes.
Nice to vent, but it doesn’t mean nearly as much as my dog’s health.
Anonymous
January 7, 2018 4:59 pm
All the other indicators of a healthy and improving economy and jobs market are in line with the low unemployment figures.
Even the Washington Post is admitting jobs are doing pretty good (but, of course, they are attributing it to Obama instead of Trump).
Not that I expect any of the negativists here to actually look at them.
So let me ask, how many unemployed people that are actually looking for a job do you know that can’t find one?
FWIW, the number of street corner bums with those “out of work, please help” signs seem to be diminishing rapidly. The other day I saw one on a street corner with one with and all four businesses behind him openly displaying help wanted signs in their windows. Wish I’d had a camera, it would have made a good picture.
Anon, I am neither a doomer, or a believer. I am a realist. Here is the problem with this recovery that I see, by the facts. Not all jobs are created equal. You cannot base a recovery on jobs that can barely be called full time, that barely can sustain a normal family in a normal home.
Most of the consumer spending since 2008 has been held up by ultra low interest rates, more creative financing and a lot of employment in bloated, unsustainable industries like healthcare and government. It is the snake eating itself, as both of the industries cannot stand on their own trajectory without coercion and force. They simply take from other less forceful industries.
The big issue is the fact that the cost of living is not proportionate to the level of actual bottom up GDP being generated. If an entire economy is making $50,000 / yr on average, how in the hell are they supposed to continue spending at $70,000 / yr or more. You can float the math for a while, using creative accounting and debt, but at some point the two are not going to meet, and then you hit bankruptcy. That is the source of the old saying that bankruptcy comes suddenly. This is true today at the government level, corporate level, stock market, and individual level. Almost across the board. Don’t take my word for it, look it up. A 10K is very educational, as is the FRED numbers, from of all places, the FED.
Every bit of collateral has been encumbered, hypothecated, rehypothecated and then sliced and diced many ways. There is just too damn much debt, and at some point, either the debt is going to default, or there will have to be an expansion. There is no other way around it. The expansion could be through hyperinflation, or through a debt jubilee, but the two have to meet. The current – move a $20.00 bill from one pocket to the other and call it growth model – is not going to do it. Any investor, pensioner, homeowner etc. must keep an eye on this, because whether they like it or not, they are in it. The only thing we can do is know it is coming, and attempt to fortify as best we can so the blast wave does not effect us too much…..
The Donald is neither the problem, nor the solution. He is much better than the corruptness in chief we could have had, but that is like comparing a death by poison to a death by bullet. Either way is death. He can tweet all he wants, but math is math. I think that this tax bill that disrupts the local states ability to hide their high taxes for bloated pensions ponzi is a great start. It may hasten the destruction of that part of the scam, but his constant cheer leading of a system that he must know himself is not sustainable is wearing thin.
O’ ye of little faith. Trumpey has already won WWIII, destroyed the uniparty, saved us all scads of cash on our taxes, had pedos resign or off themselves en masse, drained the swamp (even if you can’t exactly see it , it is underway…..s-l-o-w-l-y), personally caused the run up of the Dow to 25,000, heck the list of miracles is too long to put into one post.
Trust that the BLS numbers are really a level of brilliance working to MAGA that will someday be revealed to one and all. Any past bullshit BLS numbers were truly false and misleading, this time is different.
bigfoot
January 7, 2018 7:28 pm
At this point efforts to solve the problems created by voters voting for cretins lo these many years are akin to layering duct tape over leak after leak in the Hoover Dam. Imagine your ideal politician making all the right moves you imagine would repair the growing multitude of leaking cracks and fissures in the dam. Beyond imagination, right?
It’s time to go upriver rather than sit around hoping some son-of-a-bitch politician can do more than support a plan to break up this country into separate societies competing with one another.
Where is “upriver?” Get out of the dollar. Don’t be surprised if stocks go higher along with gold, silver, real estate, groceries, and especially cryptocurrencies. The poor in the big cities will have nothing to lose by rioting when gov’t largess meets unsold Treasuries, so where one lives needs serious consideration.
22winmag - ZH refugee who just couldn't take the avalanche of damn-near-hourly Bitcoin and doom porn stories
January 7, 2018 8:28 pm
Trump: good for a laugh, and little else.
Mary Christine
January 7, 2018 9:19 pm
Trumplash (whiplash Donald Trump style).
Treefarmer
January 7, 2018 10:44 pm
Trump: worst President ever, except for all the other choices we had.
CCRider
January 8, 2018 8:15 am
So trumpster is just another bullshit artist? That makes 45 in a row. usa-usa-usa
IF after the’memo’ is made public…and Trump does NOT veto the NSA bill just passed by congress…then we the people will KNOW he was compromised by the Deep State and all his actions are just BS…..imho
Fascinating how the unemployment numbers suddenly became reliable in 2017 after years of being phony. The hypocrisy of politicians is only exceed by their hubris.
Trump quotes:
Sep. 7, 2012
“Unemployment rate only dropped because more people are out of labor force & have stopped looking for work. Not a real recovery, phony numbers”
Oct. 19, 2012
“7.8% unemployment number is a complete fraud as evidenced by the jobless claims number released yesterday. Real unemployment is at least 15%”
Aug. 11, 2013
“We can rev up this economy like it should be, not with false numbers like 7.4 percent unemployment. But with real numbers.”
It is my sincere desire to provide readers of this site with the best unbiased information available, and a forum where it can be discussed openly, as our Founders intended. But it is not easy nor inexpensive to do so, especially when those who wish to prevent us from making the truth known, attack us without mercy on all fronts on a daily basis. So each time you visit the site, I would ask that you consider the value that you receive and have received from The Burning Platform and the community of which you are a vital part. I can't do it all alone, and I need your help and support to keep it alive. Please consider contributing an amount commensurate to the value that you receive from this site and community, or even by becoming a sustaining supporter through periodic contributions. [Burning Platform LLC - PO Box 1520 Kulpsville, PA 19443] or Paypal
-----------------------------------------------------
To donate via Stripe, click here.
-----------------------------------------------------
Use promo code ILMF2, and save up to 66% on all MyPillow purchases. (The Burning Platform benefits when you use this promo code.)
May 31, 2014
“Unemployment is a totally phony number.”
June 16, 2015
“Our real unemployment is anywhere from 18 to 20 percent. Don’t believe the 5.6. Don’t believe it.”
Aug. 11, 2015
“Then you hear there’s a 5.4 percent unemployment. It’s really — if you add it up, it’s probably 40 percent if you think about it.”
Aug. 30, 2015
“They show those phony statistics where we are 5.4 percent unemployment. The real number, I saw a number that could be 42 percent, believe it or not.”
Sept. 28, 2015
“I hear 5.3 percent unemployment, that is the biggest joke there is in this country. That number is so false.”
Sept. 29, 2015
“The number is not reflective. I have seen numbers of 24 percent. I saw a number of 42 percent unemployment. … That number is so false.”
Oct. 9, 2015
“They say 5.3 percent employment. The number is probably 32 percent.”
Oct. 11, 2015
“Nobody has jobs. … It is not a real economy. It is a phony set of numbers. They cooked the books.”
Jan. 17, 2016
“Look again, you hear these phony jobs numbers? People that gave up looking for jobs? They are considered employed.”
Feb. 9, 2016
“Don’t believe those phony numbers when you hear 4.9 and 5 percent unemployment. As high as 35 — as in fact, I heard recently, 42 percent.”
March 12, 2016
“The numbers are phony. These are all phony numbers. Numbers given to politicians to look good. These are phony numbers.”
May 24, 2016
“You hear a 5 percent unemployment rate. It’s such a phony number. That number was put in for presidents and for politicians so that they look good to the people.”
July 7, 2016
“The phony 5 percent numbers that we hear about with the unemployment.”
Aug. 8, 2016
“The 5 percent figure is one of the biggest hoaxes in modern politics.”
Nov. 4, 2016
“The terrible jobs report that just came out … you can see phony numbers, 5 percent.”
Dec. 8, 2016
“The unemployment number, as you know, is totally fiction.”
DECEMBER 2017
“The unemployment rate remains at a 17-year low of 4.1%. The unemployment rate in manufacturing dropped to 2.6%, the lowest ever recorded. The unemployment rate among Hispanics dropped to 4.7%, the lowest ever recorded…”
JANUARY 2018
“The African American unemployment rate fell to 6.8%, the lowest rate in 45 years. I am so happy about this News! And, in the Washington Post (of all places), headline states, “Trumps first year jobs numbers were very, very good.”
Share this:
Bad statistics from the Bureau of Lies and Scams make for funny numbers that can be make to read anything that anyone want them to say.
We are to the point where the true data on inflation, unemployment and many other areas are so inaccurate that when they are used to project results or make plans for future action, nothing ever comes out right. Garbage in, garbage out. (unless the Government is keeping two sets of books – which I doubt).
muck
I realize Ron Paul was your man but you need to get with it! There’s a whole new ball game out there and Donald Trump is batting clean up; not your failed people.
Lol Stucky, thanks for the laugh, even though you hate me.
Make Trumplandia America Again:
I get into it with other Trump supporters who are buying this shit. Look, it’s a great thing we avoided the SMOD by not electing Hillary. She would have been a fucking disaster. But you have to take off the beer goggles. A year ago Trump was calling these BLS stats baloney.
And now? He’s going on nonstop about our economy roaring back and the monthly number of jobs created aren’t really much higher them Obama’s last couple years.
This more than even continuing to meddle in the ME is a huge red flag. I guess when he finally stabs us in the back over immigration is when…yeah what? WTF am I gonna do about this crap?
It’s just disgusting.
I have cut Trump a lot of slack but we must all face the truth that once again we were lied to and deceived by Trump. The red flags have been flying for some time particularly in the area of foreign policy but now it has extended to economic policy so what’s next to bite the dust – the border wall would be my guess. At some time even the most ardent Trump believer will realize that he/she has been suckered one more time. I suppose it was clear from beginning because Trump is a New York developer who lives or dies on the basis of cheap money created by Wall Street banks and the Fed. All they have to do is call in a few loans and Trump’s businesses would go belly-up in a flash. The only good coming out of Trump that I can see is that he exposed the Fake News media, BLS and the stock market, etc., as frauds during the campaign…even if he planned to do little about them once elected. The really good news is that the trust in the US government, MSM and “democratic” system will never recover and without support from we the people, the system can not stand…at least not for long. The government stands naked and exposed without clothes and legitimacy. And such is the situation throughout the European world. Where we go from here is difficult to forecast but my sense is that it is not going to end well…at least not in the short-term.
It’s like when he labeled China a currency manipulator. It was bullshit. I’m less concerned about BLS methodology than with spending being too high – both military and entitlements.
I voted for Trump, but I have no illusions about why and what I think he’s actually going to accomplish. I’ve been pleasantly surprised a few times, but there’s not going to be any real improvement. I reminded some people just the other day of the shit Trump pulled in the Primaries, that I said I would remember. I detest the Demo platform, and am so disgusted with the Rep. hypocrisy that I’m now non-affiliated. I’m finally so disillusioned with it all that I’m not sure I will even consider voting, ever again. Let it melt without my paltry .2 cents worth. Corrupt power-mad greed-mongers, practically every one of them. Everything now is short-term. Not a person alive could fix this economical maelstrom we’re rowing into just as fast and hard as we can. And that is just one out how many venues of destruction coming right at us, right between the eyes.
Nice to vent, but it doesn’t mean nearly as much as my dog’s health.
All the other indicators of a healthy and improving economy and jobs market are in line with the low unemployment figures.
Even the Washington Post is admitting jobs are doing pretty good (but, of course, they are attributing it to Obama instead of Trump).
Not that I expect any of the negativists here to actually look at them.
So let me ask, how many unemployed people that are actually looking for a job do you know that can’t find one?
FWIW, the number of street corner bums with those “out of work, please help” signs seem to be diminishing rapidly. The other day I saw one on a street corner with one with and all four businesses behind him openly displaying help wanted signs in their windows. Wish I’d had a camera, it would have made a good picture.
Anon, I am neither a doomer, or a believer. I am a realist. Here is the problem with this recovery that I see, by the facts. Not all jobs are created equal. You cannot base a recovery on jobs that can barely be called full time, that barely can sustain a normal family in a normal home.
Most of the consumer spending since 2008 has been held up by ultra low interest rates, more creative financing and a lot of employment in bloated, unsustainable industries like healthcare and government. It is the snake eating itself, as both of the industries cannot stand on their own trajectory without coercion and force. They simply take from other less forceful industries.
The big issue is the fact that the cost of living is not proportionate to the level of actual bottom up GDP being generated. If an entire economy is making $50,000 / yr on average, how in the hell are they supposed to continue spending at $70,000 / yr or more. You can float the math for a while, using creative accounting and debt, but at some point the two are not going to meet, and then you hit bankruptcy. That is the source of the old saying that bankruptcy comes suddenly. This is true today at the government level, corporate level, stock market, and individual level. Almost across the board. Don’t take my word for it, look it up. A 10K is very educational, as is the FRED numbers, from of all places, the FED.
Every bit of collateral has been encumbered, hypothecated, rehypothecated and then sliced and diced many ways. There is just too damn much debt, and at some point, either the debt is going to default, or there will have to be an expansion. There is no other way around it. The expansion could be through hyperinflation, or through a debt jubilee, but the two have to meet. The current – move a $20.00 bill from one pocket to the other and call it growth model – is not going to do it. Any investor, pensioner, homeowner etc. must keep an eye on this, because whether they like it or not, they are in it. The only thing we can do is know it is coming, and attempt to fortify as best we can so the blast wave does not effect us too much…..
The Donald is neither the problem, nor the solution. He is much better than the corruptness in chief we could have had, but that is like comparing a death by poison to a death by bullet. Either way is death. He can tweet all he wants, but math is math. I think that this tax bill that disrupts the local states ability to hide their high taxes for bloated pensions ponzi is a great start. It may hasten the destruction of that part of the scam, but his constant cheer leading of a system that he must know himself is not sustainable is wearing thin.
“I don’t care how others live their lives.”
Really? Your commenters are under a different impression.
WTF does that mean?
O’ ye of little faith. Trumpey has already won WWIII, destroyed the uniparty, saved us all scads of cash on our taxes, had pedos resign or off themselves en masse, drained the swamp (even if you can’t exactly see it , it is underway…..s-l-o-w-l-y), personally caused the run up of the Dow to 25,000, heck the list of miracles is too long to put into one post.
Trust that the BLS numbers are really a level of brilliance working to MAGA that will someday be revealed to one and all. Any past bullshit BLS numbers were truly false and misleading, this time is different.
At this point efforts to solve the problems created by voters voting for cretins lo these many years are akin to layering duct tape over leak after leak in the Hoover Dam. Imagine your ideal politician making all the right moves you imagine would repair the growing multitude of leaking cracks and fissures in the dam. Beyond imagination, right?
It’s time to go upriver rather than sit around hoping some son-of-a-bitch politician can do more than support a plan to break up this country into separate societies competing with one another.
Where is “upriver?” Get out of the dollar. Don’t be surprised if stocks go higher along with gold, silver, real estate, groceries, and especially cryptocurrencies. The poor in the big cities will have nothing to lose by rioting when gov’t largess meets unsold Treasuries, so where one lives needs serious consideration.
Trump: good for a laugh, and little else.
Trumplash (whiplash Donald Trump style).
Trump: worst President ever, except for all the other choices we had.
So trumpster is just another bullshit artist? That makes 45 in a row. usa-usa-usa
44 – I think Washington was the real deal.
IF after the’memo’ is made public…and Trump does NOT veto the NSA bill just passed by congress…then we the people will KNOW he was compromised by the Deep State and all his actions are just BS…..imho