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Scary: Obama Appointed the Jobs Number Cruncher; Scarier: Her Resume
That unemployment rate number on Friday was a total farce, but even if it was completely honest, 7.8% is way too high for an economy that supposedly turned the corner a long time ago.
The number doesn't jibe, with an economy growing at 1.3%. The only honest aspect of the report was that more people were entering the work force, but I guarantee a new line of questioning accompanied the Household Survey. Few people know that President Obama placed a former contract negotiator and union steward to run the Bureau of Labor Statistics.
Erica Groshen taught Statistical Methods for Economists, Trade Unions, Collective Bargaining, and Public Policy at Harvard. Although she calls herself "nonpartisan," rumblings about sending her children to a communist summer camp coupled with her left-leaning teachings have many worried. Of course, the Left uses the victim-race card, saying Nixon pushed all the Jews out of BLS, so it's about time. This is scary stuff.
What was real in the Friday number was private sector job creation at 104,000, below consensus and less than half where it was a year ago.
Manufacturing continues to shed jobs, and temp work is exploding. This is a shadow of what America is really all about. But, this is how nations morph when the focus is on squeezing the gap between rich (and the so-called rich) and poor, by browbeating the former, while spreading crumbs to the latter.
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Mistress of the Snark
It would be easy to send the unemployed to FEMA camps. Looking at the new rate, um, maybe Erica has already implemented that.
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Trilateral Commissioner
I just figured they had to pay people to believe this load of manure and decided to classify them as the working public.
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322
I thought the story about how another White House staffer sending her kiddos to Kamp Commie was fitting.
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Trilateral Commissioner
Either way, I think her job just got outsourced.
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