I haven’t written many posts about the BLS bullshit unemployment propaganda for months, because it’s like beating a dead government horse. It seems Obama wants to go out on a high note of falsity. The BLS hilariously reported a 4.6% unemployment rate this morning. The last time the rate was really that low, wages were soaring at annual rates around 4% and interest rates were 6%.
We are lost in a blizzard of lies. Wages FELL in November. They are up a pitiful 2.5% over the last year – BEFORE INFLATION. With real inflation exceeding 5%, average Americans continue to see their standard of living fall.
Here are a few data points the cheerleaders and propaganda artists working on the corporate media shows will not readily reveal:
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