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Dept. of Labor v. Real Economy

Friday, the Dept. of Labor reported that the unemployment rate was down to 8.3% in January with a supposed 243,000 jobs added. However, if you really look at the Bureau of Labor Statistics data, you will find something totally different.

The raw numbers show that there were 130 million jobs in December and only 128 million jobs in January, give or take a couple hundred thousand either side. How can that be? Well, they are manipulating the number of jobs to drive the rate down for the election. Rush was right again.

Another interesting take can be found at The Economic Collapse Blog. It has a bunch of questions that reporters should be posing to the president and the mainstream media as they beat the economy is improving drum.