Friday, October 5, 2012

Shirley, You Can't Believe the New Unemployment Numbers


The new unemployment number is out. Magically, it happens to be just under the traditional figure at which presidents can't get re-elected of 8%.

It's at 7.8%

How convenient.

We're supposed to believe this when the most recent GDP numbers show an anemic 1.3% increase?

We're supposed to believe  this when the U-6 number remained unchanged at 14.7%?

We're supposed to believe this when factory orders just went down 12%?

We're supposed to believe this is the biggest one-month jump in 29 years?

We're supposed to believe this?

1 comment:

Anonymous said...

Yup.