Excerpts from: Daily Censored
by Stephen Lendman
December Jobs Report headlines belied its weakness. Economist John Williams reengineers economic data based on reliable decades earlier modeling.
Based on how unemployment was calculated in the 1980s, Williams reported actual unemployment at 23%. It’s a “new (post WW II) high,” he said.
America is in recession. Media scoundrels don’t explain. Nor do talking head economists. They put a brave face on lackluster data.
--------------------That's not "change we can believe in."
No comments:
Post a Comment