Unbelievable Unemployment Numbers Just In Time......
The other day the jobs report came out and it was unbelievably
positive. The keyword being
unbelievable.
The August jobs report was dreadful, but magically one month
later it is all peaches and cream.
That works out great because in another 30 days there is a
huge mid term election. A positive jobs
report will make everyone want to run and reelect the Republicans and Democrats
doing such a fantastic job.
If you remember two years ago (almost to the day) there was
another huge election. The Sept 2012
jobs report came out and was also unbelievably spectacular.
The August 2012 report was dreadful too, but again (right
before the election) everything became rosey.
In 2012 Jack Welsh (former rock star CEO of GE) said the
Obama unemployment numbers must be fixed.
If anyone knows what real unemployement looks like it is
Jack Welsh. He pretty much invented Unemployment. His nick name at GE was Neutron Jack. Like the Neutron Bomb, Jack made all the
employees disappear, but the buildings all remained. At GE Jack laid off over 100,000 people. It didn’t even make him blink. He never met a worker he didn’t want to terminate. Wall Street cheered every time he did it. He was revered. Jack knew the only thing that matter (in business) was the stock
going up. The easiest way to accomplish
that is layoffs.
Anyway, when Jack said the numbers were fixed people made
fun of poor jack. But in November 2012
(after the election) it was announced the numbers were indeed manipulated, and
the government investigated.
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