Tuesday, June 7, 2011

NY Post: Scary truth behind the new jobs numbers

Scary truth behind the new jobs numbers


I'm not an economist, nor do I play one on the internet, but I've never been a fan of how job numbers are calculated.  The whole Birth/Death model seems like a joke at best and a complete fabrication at worst, but apparently nobody in the media ever thinks to question it.  If you take a step back and try to look at what's transpiring with the economy in an apolitical way, you have to recognize that the current administration's policies have completely failed and we're heading off a cliff.  It is for this reason that I think economic collapse should be the #1 crisis we're prepping for, along with the random natural disasters that can occur unexpectedly at any time. 

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