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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 454.39+6.4%Feb 3 4:00 PM EST

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ggersh
Haim R. Branisteanu
To: Box-By-The-Riviera™ who wrote (109620)1/10/2015 7:33:52 PM
From: bart132 Recommendations   of 220000
 
using BLS stats is kind of insulting to your higher work. don't you think?

Sort of, yes. Not only is all the off-the-beaten-path still out there though, I do enjoy busting all the its-all-good Pollyanna nonsense. For example, there's the horse puckey rah-rah budget deficit way down BS while the concept and truth of not counting off budget expenses so debt growth looks lower is very alive and well, the actual facts on Obama being the worst President in the last 5 Presidents on growing the Federal debt, and also almost no one comments on the part time employment issues using just BLS data.



Another one on the spun and fake employment rates, per the BLS again, temporary employment is growing at around an 8.5% annual change rate. Strong economy - hah!

And my U7 (it includes the discouraged that have been out of work for over a year) unemployment stat reconstruction is still over 20%, and without any adjustment for the participation rate drops.
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