by Jeff Nielson, Bullion Bulls Canada:
It’s Tuesday October 22nd, and just another typical day in the Matrix, or (alternately) Insanity Cubed. We start with the fictitious U.S. jobs report. We’re told that there was a “gain of 148,000” jobs in September, and that this was “a disappointment”.
Let me pull out a different chart for a change (lol), for any new readers who still believe the Mythology that the U.S. economy has been “creating jobs”.
This is a very simple statistic (and thus difficult to falsify): the percentage of the working-age population who are employed. The picture is even simpler: an economy LOSING JOBS EVERY MONTH. Notice that the very steepest drop in this chart occurred at the beginning of the bogus Recovery.
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