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Our "Let's Pretend" Economy: Let's Pretend "Job Growth

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ZoZoTrader   Saturday, 03/10/12 10:24:49 AM
Re: None
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Our "Let's Pretend" Economy: Let's Pretend "Job Growth Is Best Since 2006"

Friday, March 09, 2012

Instead of just swallowing Ministry of Propaganda swill, let's examine actual data. If we do that, we find job growth is mostly smoke and mirrors.

The Ministry of Propaganda and its media minions are announcing that "job growth is on a tear" and the "best growth since 2006." How about we look under the hood of the employment euphoria? Here is an example of the Ministry's work: Best U.S. employment growth in 12 years Almost all the data agree — labor market’s on a tear. http://www.marketwatch.com/story/best-us-employment-growth-in-12-years-2012-03-09

charts
http://charleshughsmith.blogspot.com/2012/03/our-lets-pretend-economy-lets-pretend_09.html

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