The unemployment rate is now an indicator of a Recession according to the White House. Given the claim that the rate is roughly 3.5%, we are NOT in a recession, we are in a zoom economy… Everything is hunky-dory, and those fool economists who claim otherwise should be jailed along with the Jan 6th protestors! Accounting 101: how many people were recently disabled? What is the ‘excess’ death rate? Why did ADP bow out of the labor reporting scheme? Where does the WH get its numbers?
According to the CDC, an additional 1.2 million became disabled last year. But that number along with every number is not real – it is a guess. Excess deaths are a guess. Even deaths are a guess. Global and countrywide population stats – are a guess. Demographics are a guess. And when the Powers need to tweek the guess, they simply alter the algorithm. This is Science. Guesses.
We are not in a recession because the ‘old’ way of making the determination isn’t right – and the new way is better because it uses ALL the guesses to determine a fact.
November 2021, the CDC changed the method for determining ‘excess deaths’: “an increasing amount of data had to be excluded from the algorithm modeling, as weekly counts of deaths during the pandemic (February 1, 2020 to present) are excluded from the algorithm to estimate the expected numbers of deaths.”
Translation – the actual numbers had to be omitted because they interfered with the guesses. As a result, no one knows how many people died. The Social Security Administration released ‘data’ reporting how many people were on disability payments from 2007 through 2021. They state unequivocably that the numbers have ‘not been edited’ yet.
During 2020 and 2021, roughly 1.7 million were terminated from SS Disability leaving 7.87million still receiving benefits. However, the CDC claims 61 million Americans are living with a disability – 27%. Other assessments state that over 42% of Americans under 65 have a disability. The most common disabilities are mobility and cognition. 36% of those with a disability have ‘mental illness’. Mental illness ranges anywhere from ‘I am depressed’ to schizophrenia. According to NIH, a new definition of mental illness needs to be updated for accuracy…
A recent job posting by the CDC for VAERS stated that the applicant would be responsible for reviewing and editing over 770,000 adverse event notifications annually…. To date VAERS lists 1.34 million adverse events reported including death.
In Science NOTHING is Absolute – therefore Nothing is Fact!
While Biden handlers have declared that a recession is not a factor of GDP, they move the goal posts and state that employment, consumer and business spending, industrial production and income are the new “Holistic” factors. ALL numbers created by the US Bureau of Economic Analyses via guesses. ALL numbers that would rank higher as a result of inflation!
Why not create a fake GDP number like every other fake number?
What the Administration failed to note is that if everything is hunky-dory, then the increased Federal Reserve Rate is useless because it has no impact. Janet Yellen has thus come to the table and stated that our economy is not in a recession but that Russia might cause us to fall into one in the very near future… like maybe next week… Russia.
Yellen supported the labor notion by declaring that a ‘net average of 375,000 jobs’ have been added every month for the last three. However, the number of people on welfare increased from the estimate of 52 million to 69 million. Obviously, an additional 17million on welfare would not equate to rising employment. The statistic claims the cost is roughly $670 billion per year by ‘The Government’. Of course, The Government has -0- cost – ALL costs are born by citizen taxpayers.
IF in fact we added 17 million to the rolls of welfare, then obviously the unemployment rate would increase – not decrease. Further disrupting the false rate of 3%, and the stellar economy stipulated by Biden and Yellen. 9%-20% Inflation does NOT portray a stellar economy. Job layoffs to the tune of 10% have been announced across the board for most large corporations. Tech companies have led the frenzy of layoffs, with the car industry a close second. Entire restaurant chains have announced closures. Everything that needs a chip has experienced shortages creating a slackened manufacturing and business industry slump!
YET, the WH would have us believing these notices don’t exist. Even Yellen’s statement that 375,000 employees have been added each of the last 3 months is WRONG. The Last ADP Report filed was for April to May and claimed an increase of 128,000 – an algorithm. The previous month was 202,000 – an algorithm. An algorithm based on GUESSES> Yellen outright lied.
The Handlers are getting sloppy. The makers of facts are not consulting each other. And the evidence reveals a protracted economy with unparalleled inflation, and a job market that is dropping 10% of its employees.