September’s economics data have been released and show a paltry 114,000 jobs created for a nation of 310
bmillion Americans. Shockingly, the report also claims that unemployment took a dip down to 7.8-percent… a seemingly impossible contradiction.
None other than legendary General Electric CEO Jack Welch called” bullshit” on the claim.
With so few new jobs, the only possible way the percentage of unemployed dropped is that a tremendous number of people were so disheartened by this economy that they simply gave up looking for work.
This isn’t economic progress. This is lying with numbers, and lying badly.