Tuesday, Dec 01st

Last update06:00:29 AM GMT

You are here News Editorials Prairie2: Numbers are just a Theory

Prairie2: Numbers are just a Theory

E-mail Print PDF

Juggling numbersThe Numbers Deniers claim that the unemployment rate dropping below 8% is a vast government conspiracy orchestrated by the Muslim-Keyan-socialist-liberal-anti colonial-fascist in the White House. Their proof, the report was created using Arab 'numerals', we all know that real Americans would use Chinese made 'numerals' bought at Walmart.

To understand what is really going on requires some background, the initial jobs reports that come out each month are based on surveys, and are revised later as more data comes in. The job creation number is based on an employer sampling survey, and this number can be way off
from reality if the growth or decline is concentrated in a particular area.

The un-employment rate is based on the Household Survey that gives a much broader number. The right is claiming the rate only dropped below 8% because millions of people have given up looking for work.


They are either lying, or didn't even look at the data (the moral equivalent of lying). The survey shows that 873,000 people found work in the past month, an eight-fold difference from the corporate dominated employer survey. Adjusted for past seasonal hiring trends, the BLS put the number at 294,000. This is still nearly 3 times the employer reported number.


Most Recent Related Stories...

The Road To The Paris Attacks Runs Through The Iraq War

Bush and Cheney, architects of warOne Middle East catastrophe apparently wasn't enough for some supporters of the 2003 U.S. invasion of...

Frank Bruni: The Catholic Church’s Sins Are Ours

Frank Bruni It’s fashionable among some conservatives to rail that there’s insufficient respect for religion in America and...

Paris attacks: The West’s fatal misunderstanding of Islamic State

What the West does not understand about ISILThe horrendous attacks on Paris have an eerie resemblance to the events of Sept. 11, 2001,...

Bob Alexander : Nightmare Alley

Haunted house“No live organism can continue for long to exist sanely under conditions of absolute reality; even...
America's # 1 Enemy
Tee Shirt
& Help Support!
TVNL Tee Shirt
Conserve our Planet
& Help Support!
Get your 9/11 & Media
Deception Dollars
& Help Support!
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!