I was in a state of shock when the BLS unemployment print came in at 7.8%- particularly right before an election with an Obama appointee heading the agency.
Of course I knew that number was ridiculous. Does anybody believe today's number? Short answer. No. In fact, we're wondering why the government just doesn't say everyone has a job. I mean, if you're gonna lie...why fuck around with the white lies? http://directorblue.blogspot.com/2012/10/chart-labor-commissar-announces-obama.html
I've been scouring the web all day trying to find somebody who can accurately dissect these manipulated numbers and get to the truth. Figures never lie, liars figure.
I found the right piece at naked capitalism. http://www.nakedcapitalism.com/2012/10/the-curious-case-of-the-part-time-worker-the-bls-jobs-report-covering-september-2012.html
Coincidentally, the huge move down in the unemployment report happens at the same time we set another all time record for food stamps. Go figure. http://www.zerohedge.com/news/2012-10-05/us-foodstamp-usage-rises-new-record-high