I have trouble figuring out the jobs numbers that the government puts out. I am very competent in math but I never learned the hocus-pocus kind of math the government uses. Obama and his sycophants keep saying that he has created a few million jobs since he signed the stimulus bill but there are 1.9 million fewer people working today then there were when it was signed. How did he add all those jobs and have a net decrease? It would seem that they were losing jobs, not gaining them.
It is like you invest 10,000 dollars with your broker because he tells you that you will get $1000 a month on your investment. If after two years you have $9000, how did you actually increase?
The problem is they come up with these numbers by using some kind of voodoo that estimates jobs created by new companies. They look into a crystal ball and pull a number out of their, ahem, rectal cavities and then claim that this is the number of employees these fictitious and completely imagined companies hired. Then in a month or two they revise the numbers down but no one seems to pay attention to that.
Then there is the hocus-pocus of changing the numbers completely to give something different. The government reported that 18,000 jobs had been created in June but this is based on revising down the number of jobs available in May. If the revision had not been made then the number for June would have been 26,000 jobs, LOST. Yep, without this sleight of hand there would have been a net decrease of 26,000.
Imagined jobs from fictitious companies and changed numbers throw a monkey wrench into the works and add to the instability.
It also explains how they can claim they have created a few million jobs when there are 1.9 million fewer than when the great and mighty stimulus was signed.
Maybe I should try using the government math made easy methodology when I figure my taxes.
I bet they would know how to do math correctly when they audited me…
To paraphrase a quote popularized in the US by Mark Twain, there are three kinds of lies; lies, damned lies, and government numbers…
Never surrender, never submit.