RobDownSouth
No Kings
- Joined
- Apr 13, 2002
- Posts
- 77,867
Query, Lit's self-proclaimed smartest poster, has lectured us loud and long about how government numbers are always revised downward.
Back here in the reality-based world, though, facts (with their well-documented "librul bias") conspire to bitchslap the #SchmottGuy once again....
LINK
...As usual, the adjustment is downward just in time for the next bit of (slightly) positive fake economic news...
....it will then be adjusted downward and un-remarked upon when the next bit of (slightly) positive fake economic news...
it will then be adjusted downward just in time for the next bit of (slightly) positive fake economic news...
it will then be adjusted downward and un-remarked upon when the next bit of (slightly) positive fake economic news...
it will then be adjusted downward just in time for the next bit of (slightly) positive fake economic news...it will then be adjusted downward and un-remarked upon when the next bit of (slightly) positive fake economic news...it will then be adjusted downward just in time for the next bit of (slightly) positive fake economic news...it will then be adjusted downward and un-remarked upon when the next bit of (slightly) positive fake economic news...it will then be adjusted downward just in time for the next bit of (slightly) positive fake economic news...it will then be adjusted downward and un-remarked upon when the next bit of (slightly) positive fake economic news...it will then be adjusted downward .
Rob as economic handicapper. Or is he economically handy-capable?
So ebullient then, as if that number wasn't inevitably going to be adjusted downward.
The whole announce good news, revise downward, include the revised out jobs from last month to the next month, ignore the part time vs full time numbers, ignore median income and ignore those who have dropped through the cracks cycle is really quite dizzying.
Back here in the reality-based world, though, facts (with their well-documented "librul bias") conspire to bitchslap the #SchmottGuy once again....
The U.S. added 252,000 jobs in December and the unemployment rate fell to 5.6% from 5.8%..Employment gains for November and October were revised up by a combined 50,000. The government said 353,000 new jobs were created in November, up from a preliminary 321,000. October's gain was raised to 261,000 from 243,000. The economy created 2.95 million new jobs in 2014, marking the biggest hiring spree since a 3.2 million increase in 1999.
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