Friday, February 3, 2012

Beyond The Headlines

Good news from BLS, right? Zero Hedge reports ... Implied Unemployment Rate Rises To 11.5%, Spread To Propaganda Number Surges To 30 Year High

Here is the real headline ... 1,200,000 people dropped out of the labor force. Let me repeat, the government says 1.2 million people dropped from the labor force in one month, The number or people now working shrank to 63.7%.


Clink for bigger view ....

El-Erian Pours Cold Water On Today's Jobs Report

Read more:


The CBO has the real data ... Well at least for government.

FLASHBACK: CBO SAYS REAL UNEMPLOYMENT RATE 10%...

Record 1.2M Fall Out Of Labor Force...

Participation rate falls to 63.7%...

30-year low...




SANTELLI: 'What does that mean in English? Shrinkage. Shrinkage.'...


I think that shrinkage is another way to say LIES.

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