The Bureau of Labor Statistics revises benchmarks
Everyone knows that the wealth effect from a manipulated US stock market is what keeps the faltering US economy alive. Job creation is negligible (except waiters and bartenders) and real unemployment is something like 23% instead of the Fed's fantasy number of 5.1%.
And real inflation in 2014, per the Chapwood Index, was 9.7% instead of official estimate of 0.8%.
Lies do not a strong economy make.
- Private payrolls -255K
- Government jobs +47K
- The numbers are for the year ended in March
Everyone knows that the wealth effect from a manipulated US stock market is what keeps the faltering US economy alive. Job creation is negligible (except waiters and bartenders) and real unemployment is something like 23% instead of the Fed's fantasy number of 5.1%.
And real inflation in 2014, per the Chapwood Index, was 9.7% instead of official estimate of 0.8%.
Lies do not a strong economy make.
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