By James Quinn, The Burning Platform, via The Daily Sheeple This shit is almost too funny to read. The Bureau of Lies & Scams (BLS) just issued their seasonally adjusted, excel spreadsheet enhanced, monthly propaganda data for February. They have the balls to report that an economy that is hemorrhaging energy jobs, seeing retailers close stores by the hundreds, has seen manufacturing new orders decline for six straight months, has corporate profits falling, has real median household income sitting at 1989 levels and has seen 80% of all economic reports miss to the downside is creating 295,000 new jobs in the middle of the coldest, snowiest February in years. The BLS uses classic government logic. When in doubt, lie. Of course, the BLS is still using their excel spreadsheet Birth Death model to add 132,000 phantom jobs into the calculation for all the small business hiring going on out there. It has already been documented that there are more businesses closing than opening in the US. This adjustment is a farce. It is untrue. It is more likely to be negative 132,000, which would eliminate virtually all the new jobs just reported. As usual the household survey reports an entirely different result than the blaring positive headlines in the corporate mainstream media. A critical thinking person might wonder how the labor participation rate could go even lower (37 year lows) if the unemployment rate just reached a seven year low of 5.5%. The BLS counts on the faux journalists at CNBC and Marketwatch to not think critically. So you need to go elsewhere for some truth. Here it is: But at least we’re adding those high paying service jobs for waitresses, fry cooks, social services workers and retail clerks. They accounted for 45% of the jobs added. Services accounted for 259,000 of the 295,000 supposed jobs added. At least all these workers can glory in the 1.97% wage increase they’ve earned in the last year. I’m sure that is going a long way in paying those Obamacare premium increases and 10% rise in food costs. Government reports are like the American Dream. You have to be asleep to believe them.Hallelujah! – Unemployment Plunges Due to 354,000 Americans Leaving the Workforce
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