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Tuesday, May 06, 2014

Rate To Zero Is To Remove Everyone From The Labor Force

http://investmentresearchdynamics.com/the-easiest-way-to-get-the-unemployment-rate-to-zero-is-to-remove-everyone-from-the-labor-force/

It’s frightening the way the “policy-makers” in this country are now twisting the truth into outright lies.  I recall reading Orwell’s “Animal House” and “1984″ in high school and thinking:  “I doubt that can really ever happen here.”   Stunningly it’s not only happening here and now but it’s following Orwell’s playbook almost perfectly.
Yesterday Bloomberg News published a report in which Richard Fisher, President of the Dallas Fed, explained that the economy was getting better as private businesses were hiring more workers.   Apparently Fisher is either a professional liar or he doesn’t get his facts straight – in which case he would be a severely unprofessional economist.

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