A Deeper Look into Friday's Unemployment Numbers
The headlines hit the feeds, WOW! May nonfarm payrolls -345,000, while minimizing a 9.4% national unemployment rate.Others, not really interested in lagging indicators of a possible recession bottom,...
View ArticleGDP Revisionist History
You may have looked past the headlines on Q2 2010 GDP numbers and said wait a second, how can Q1 2010 GDP go from 2.7% to 3.7% in a revision?! Good question.Here's what the BEA says:
View ArticleThe Real State of Unemployment
Do you remember when real reporters existed? Those were the days before the Clinton regime concentrated the media into a few hands and turned the media into a Ministry of Propaganda, a tool of Big...
View ArticlePrevailing Truths
According to official US economic data, the US Gross Domestic Product (GDP) has expanded for 22 quarters, raising real GDP 12.1% above its high prior to the 2008-09 economic contraction. Yet, US...
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