Unemployment Rate Falls to 10%? Bureau of Labor Statistics & News Media Publish Fraudulent Data

http://www.inflation.us/unemploymentdeclineillusion.html

http://news.google.com/news/search?aq=f&um=1&cf=all&ned=us&hl...


December 7, 2009

Unemployment Decline An Illusion, Financial System Collapse Ahead

On Friday it was announced by the Bureau of Labor Statistics that the U.S. unemployment rate in November declined from 10.2% to 10%. While the mainstream media would like you to believe we have seen a peak in unemployment and the worst of the economic crisis is behind us, we know that this dip in the unemployment number is phony and the recession is only beginning.

Although the unemployment number dipped in November, we still lost 11,000 nonfarm jobs. Unemployment fell by 0.2% only because the civilian labor force shrunk in November by 98,000 people. This means more people are becoming discouraged and giving up looking for jobs. When you combine both short and long-term discouraged workers who aren't included in the labor force along with those who are underemployed with part-time jobs, real unemployment in the U.S. today is nearly 22%.

The most important area of employment to look at is manufacturing jobs. Increasing manufacturing is the only way for our country to truly recover and build real wealth, because it will allow us to cut down on inflation by exporting real products instead of the money we print. Unfortunately, the U.S. lost 41,000 manufacturing jobs in November and has lost 2.1 million manufacturing jobs over the last two years.

The main areas of increasing employment in November were health care and government jobs, which are non-productive jobs that are increasing global imbalances. These jobs are not being created due to a strengthening economy, they are being created due to our artificial, temporary and destructive stimulus. They are forcing our country to get deeper into debt and create massive inflation.

Those who receive a paycheck for a non-productive health care or government job, compete against all Americans for the purchasing of consumer goods, without an increase in the supply of goods. This means after excess inventories of goods are done being worked off, prices of all the goods we consume will increase at an astronomical rate that is unimaginable to most Americans today.

Many Americans with jobs are not concerned about inflation because they believe if the prices of goods go up, so will their wages and everything will balance out. They don't understand our standard of living in America has already been declining for over a decade. Sure, we have plasma TV's, cell phones and the Internet today, but our lives are becoming harder to live and it is becoming more difficult for the middle class to survive.

Twenty years ago, a father with an average job was able to support an entire family of four or five on one income. Today, both parents need to work, and they are still unable to support their family without getting deeply into debt with credit cards, mortgages, auto loans, and college loans. Less families today have health insurance. Wages have not kept pace with inflation, all we have seen is an increase in debt to meet some of the demand from inflation.

With the babyboomers beginning to retire, the decline in our standard of living is about to dreadfully accelerate. The average American peaks in spending at around 46 years old and the last babyboomer will turn 46 in 2010. Therefore, a major drop-off in consumer spending is coming. But more importantly, beginning this next decade, 1.5 to 2 million Americans will apply for Social Security every year until 2026, compared to only 500,000 per year during the last decade. Tax receipts are about to fall off a cliff, at the same time as government entitlement spending for Social Security, Medicare, and Medicaid go through the roof.

Many people have been asking us on NIAnswers, if we see massive inflation and gold prices go through the roof like we predict, wouldn't that be good for the U.S. because we have the largest gold reserves at 8,133.5 tonnes? Well, at the current gold price, our gold reserves are worth approximately $300 billion. Our budget deficit this year alone was $1.6 trillion. If we had to pay back our $12 trillion national debt using only the gold in our vaults, it would require a $45,889.44 per ounce gold price. But once you factor in our $55 to $100 trillion in unfunded liabilities for Social Security, Medicare, and Medicaid, our gold reserves will not put a dent in saving our country from the financial system collapse that lies ahead.

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[controlpopulation]

10% unemployment? If you believe that you are smoking some good shit.

[RayAir1]

Why don't they tell us the truth? The official unemployment number is a lie. The rate did not fall. It on;y went down because people ran out of benefits or went on federal extensions, not because they found work. Fucking liars!

[StroonsGlen]

ay salamat if this true na ang unemployment fall, para lahat nang tao sa mundo, makinabang.

[scottandrewhutchins]

@combat1856 Communists aren't the problem. It's the fascists and oligarchs lavishing money on the rich while denying it to everyone else.

[AztlanPrincess]

90% of all the jobs taken by ILLEGAL ALIENS are stolen from AFRICAN AMERICANS!!! Whites don't CARE if blacks lose jobs!!! WHITES just want cheap labor!!! WHITES want AMNESTY for ILLEGALS!! WHITES want the DREAM ACT to pass and bring MORE cheap labor to AMERICA!

SAVE AFRICAN AMERICAN'S JOBS AND EDUCATION DOLLARS.......STOP ILLEGAL ALIENS!!

[Fashionificationful]

C SPAN "Black Republican Forum" Session 2 (begin at 11:30) Allen West stated part of Amnesty of 1986 was to secure our borders and enforcement our laws, but haven't happened. (We're still talking about new amnesty like DREAM Act.) We can't allow local cities to make sanctuary cities policies, because they will bring our inner city turf wars to epic proportions by bringing in the drug cartel and Columbian gangs. (Mexican Gangs don't recognize US borders established Treaty of Guadalupe)

[Fashionificationful]

In November 2010, the unemployment rate was 9.8% with 15.1 million unemployed. (15.1 million/9.8%) = 154 million are able to work in the workforce. 11,941,812 (or 11.9 million) skilled jobs provided to illegal immigrants. GOOGLE “illegal immigration counters”, the 15.1 million unemployed could take the 11.9 million available jobs. The unemployment rate could be reduced to 2.1% {{15.1-11.9)/154}

.

.

Allen West 2012

[onstageagain]

Osman Mohamud, Somali-born teenager arrested Nov 26,at 5:40 pm, as he tried blowing up a van he believed was loaded with explosives at a crowded Christmas tree lighting ceremony in Portland .

He was committed to carrying out a attack on a grand scale. He dialed a cell phone , he thought would set off the blast , it brought Fed agents & police down on him.

Last month, Farooque Ahmed, 34, of Virginia, arrested for casing Wa -subway stations a al-Qaida plot to bomb & kill commuters

[TheObserver2012]

@combat1856 ....enough said! that wrapped it up nicely...there will be blood shed.