Friday, December 13, 2024

Tag: Theater of the Absurd

Theater Of The Absurd

by Michael Snyder, The Economic Collapse Blog:

They are taking gaslighting to a whole new level in 2024.  The raw, unadjusted figures that the Bureau of Labor Statistics just released say that the U.S. economy lost more than 2.6 million jobs last month.  That is what actually happened.  But after they massaged that number with all sorts of “assumptions” and “adjustments”, it magically turned into a gain of 353,000 jobs.  Amazingly, even Fox Business is attempting to claim that this adjusted number shows “the resilience of the labor market”…