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Sending Them To The Old Folks Home.
Yellen Is As Senile As Biden Is.
What Yellen neglected to mention was that October employment was revised down by 45,000 jobs and November was revised down by 26,000 jobs. That’s 71,000 jobs the government recently reported which didn’t exist. How many of the 216,000 jobs reported for December will wind up being pure fantasy?
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@Marshall Sutherland (Posting with Hubzilla) I don't know how they can proclaim, that this is the best economy ever and make it seem believable. The only people, who have any part, of a good economy, are the people who work for the federal, state and local government. Particularly, those who are federal employees and the civil servants working for criminal blue states. For them, life is indeed, pretty good.
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I think they have been doing that for a year, as they try to convince us that this is the BEST ECONOMY EVER. Meanwhile, Full time employees relative to working age population dropped to 49.7% after failing to reach pre-covid levels (50.64%), much less pre-GFC (52.53%) or pre-dotcom bust (53.95%) levels.
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Repeat a lie long enough...
Look how long they denied inflation not long ago.
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@Marshall Sutherland (Posting with Hubzilla) I'm not so sure that they did identify any inflation. I think that their position on inflation, is that, it is a vast right wing conspiracy, theory.
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@Marshall Sutherland (Posting with Hubzilla) yes, that's true I remember that now. Also, I don't want there to be any misunderstanding with my thoughts, that the people working in the public sector, that is, people on the government payroll, that they aren't deserving. I'm just emphasising, that, unless they have managed to overextend themselves, they should have very little to complain about, if they're truthful with themselves. I happen to know a few of them and they seem, currently, to be the latest examples of being a part of the, recession proof. Plus, remember, when the rest of us had limitations concerning our employment issues during the lockdowns, those people were still getting paid. It's not a matter of envy or malice, I'm just pointing out, that if anyone is having a great or fair view of the economy those people, may indeed, be the only ones.
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They identified it enough to blame "greedy corporations" for it.