Every time they release the unemployment numbers, they also revise the previously reported unemployment numbers. Which to most honest economist is a freaking joke. Even the numbers they do report, despite how many times they say well "a little better" or "some improvement", are a lie. IF they were accurate we would have to ask, improvement, as compared to what? 3 nuclear meltdowns are better than 4?
By
Zero Hedges calculation we need:
262,500. This means that unless that number of jobs is created each
month for the next 5
years, America will have a higher unemployment rate
in October 2016 than it did in December 2007. How realistic is it
that the US economy can create 16.2 million jobs in the next 6261 months? We leave that answer up to the US electorate."
Um, Hello? But then hey, no matter how many studies show that repatriating billions of dollars at a lower tax rate WILL NOT be a job generator (history people, history), that's what the government wants to argue about. Amazing how with all the video, film, data, minute by minute updating of historical fact technology has provided us, we as a people will fall for the propaganda every time. And always at our expense. One of the stupidest past times people can engage in is talking about how stupid the government whores and their pimps are. They are smart enough to convince us to do things that will give them more money and power. So who are freaking dumb-asses??? And yeah, you can include this writer among the dumb-asses too.
But just as an exercise in futility we thought we would post yet another post by yet another money guy that will tell us yet again the shudder the thought the freaking government is full of CRAP. And first person reads this and can only worry about a run on sentence is dumber than the rest of us!
For the purposes of this post we must once again pick on Apple Inc. We have posted often on Apple because, as we have posted numerous times, In August of this year it became the worlds largest company (currently jockeys with EXXON). Apple is the ultimate American success story. It has achieved this position through creativity, innovation and shrewd business moves. BUT, and there is always one of those, it is also one of the worlds largest violators of human rights, it is a major Chinese environmental concern (46 page pdf), off shores most of it's jobs and it keeps a horde of cash sitting offshore to avoid paying American taxes. Which also makes it the antithesis of everything human rights, environmental activists and corporate reformers would hope to achieve. In other words Apple, inc is a sterling example of everything Occupy Wall Street and other reformers profess to be against. Yet how many, still will purchase Apple, inc. products?
