Monday, November 7, 2022

The Biden Bolsheviks Lying About Employment and the Economy Too

From ZeroHedge:

Is there anything that the Biden Administration DOESN'T lie about??  No. Biden and his troop of Commie apparachniks lie and spin everything.  It looks like the Bureau of Lies and Statistics (BLS) is covering up weakness in the labor market prior to the midterms.  

Each month, the "regime" "reports" on employment by publishing a Household Survey and an Establishment survey.  The Establishment survey unemployment rate is the highly publicized number, ie., the unemployment rate. The Household survey contacts some 60,000 American households each month (in a time where no one picks up their phones??), whereas the Establishment survey looks at the payroll records of some 144,000 non-farm establishments and government agencies, covering workers at some 554,000 individual worksites.  

The survey results should be similar over time.  But there has emerged a disturbing trend this past year. Take a look at the graph below:

Big Time Differential Between the Household Survey and Establishment Survey

The Household survey has been flat since March 2022 whereas the highly adjusted (manipulated) Establishment Survey has risen substantially. 

Not the First Time the Government Has Lied to You

The same discrepancy was used prior to the 2016 Hillary/Trump election and prior to Obama's 2nd term election:

Trump vs. Hillary Employment Rate Manipulation (in favor of Hillary)

 And here's the manipulation prior to the 2nd Obama presidential election:

Obama's 2nd Election Employment Rate Manipulation

This manipulation is being done to intentionally mislead voters into believing that the economy is stronger than it actually is.  IT WILL ALL BE ERASED AFTER THE ELECTION. EXPECT A NEGATIVE EMPLOYMENT NUMBER RIGHT IN DECEMBER.

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