Wow. I’m not sure where to start.
The one thing you won’t address is honesty in political affiliation. I’m pro Trump. I’ve even donated. You can’t address it because it’ll prove you’re a liar about being an “independent”. It’ll also prove you’re one of the most biased posters on this board.
All I did to initially trigger you was pull some quotes from the article MDF posted. So you’re clearly not interested in the whole story, you want to score political points and you couldn’t care less about the entire story.
I also said multiple times I want a strong economy and want people to do better.
Secondly the job numbers MDF posted were not seasonally adjusted. When you factor that in the picture looks different.
I also showed data that demonstrates the household survey was wildly different than the Fed (BLS) estimate. Doesn’t that make you question the estimate, or is your political bias all that matters?
Another concerning point is the fact that the jobs being added are part time jobs. Those are likely second jobs and if they aren’t they aren’t paying the bills in the hyper inflationary cycle we’re trying to dig out of.
Then I found data on hours worked - which casts even more doubt on the BLS’s stats. How are hours going down with all these great job numbers?
Lastly - myself and others posted how insane layoffs are right now…also flying in the face of this being such a strong economy. What’s probably happening are full time jobs are being replaced with part time jobs, which again doesn’t signal an extremely strong economy.
Deutsche Bank is cutting about 3,500 back office positions as it seeks to rein in costs even after reporting its highest profit before tax in the last 16 years.
www.foxbusiness.com
Layoffs at the online payments system company come as more than 28,000 other jobs have been cut by tech firms already this year.
www.theepochtimes.com
So attack me all you want.
1) I’m at least honest about my bias.
2) I’ve said multiple times I don’t want to use the economy as a political scoreboard, it’s people’s lives.
3) There are many signals that make single factor analysis (a jobs report) once again a faulty way to analyze something as complex as the economy.
So keep spending all of your “research” time digging through my old posts. It’s just more proof you’re a liberal and you’ll do anything to prove people who don’t align with your political views are bad people, not good people with bad ideas.