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Saturday, 7 September 2013

Yes, we have no bananas.............from Rico

Yawn. Another 'Payroll Friday' courtesy of manipulated BLS data and a talking parrot media

- Spin, distort, confuse the sheeple. It reminds me of the old saying: If you don't read the papers you are uninformed, but if you do read the papers you are misinformed.

Here is "change" and "transformation" presented in two graphs, which are apparently too simple and not 'nuanced' enough to be shared by the Ministry of Truth.

- The number of people NOT in the labor force rose by 516,000 in one month, increasing the total number of people NOT in te labor force to a record 90.5 million Americans.

- The Labor Force Participation Rate is now back to 1978 levels. Repeat after me: Jimmuh-Jimmuh-Jimmuh!

Santelli had it right the other day when he rhetorically asked "What are we, a Banana Republic?"

- Well, Rick, so it would appear.


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