The morning of President Joe Biden’s latest speech in that effort came news that the Producer Price Index jumped .07% in August over July. REUTERS Sorry, Mr. President: The facts keep intruding on your āBidenomicsā victory tour. The morning of President Joe Bidenās latest speech in that effort came news that the Producer Price Index […]
Newsflash From The December āJobsā ReportāāThe US Economy Is Dead In The Water
January 9, 2016 by
Hereās a newsflash that CNBC didnāt mention. According to the BLS, the US economy generatedĀ a minisculeĀ 11,000 jobs inĀ the month of December. Yet notwithstanding the factĀ that almost nobody works outdoors any more, the BLS fiction writers added 281,000 to their headline number to cover the āseasonal adjustment.ā This is done onĀ the apparent truism thatĀ December is generallyĀ colder […]