Submitted by Tyler Durden on 04/09/2012 07:55 -0400
BLS
Bureau of Labor Statistics
Debt Ceiling
Unemployment
One can write lengthy essays, op-eds, and client letters explaining both why the labor force participation rate is plunging due to innocuous reasons such as everyone over 40 retiring yesterday full of jouissance and excitement to begin the sunset phase of their lives using copious life savings earning 0.0001% in interest, or, inversely, why this is one great big propaganda ploy by the BLS to make Obama look good a few short months ahead of the pre-election debt ceiling breach, pardon, his re-election date. We prefer cutting to the chase. Here is today's chart of the day from BofA, which begs one simple question: when will the two time series recouple, because recouple they will, and how will America react to the realization it was lied to for 2% worth of unemployment "improvement"? The chart says it all.
GetZeeGold
GetZeeGold's picture
Crap.....turns out NO WE CAN"T.
No problem....we'll just blame it on Valerie. She was always going to be the fall chick in the end anyway.
Chuck Walla
Chuck Walla's picture
@SWRichmond apparently you have never heard of creating welfare recipients in exchange for votes. A class of people so stupid, they take a few dollars for their vote while their new masters take millions from everyone else with the help of the deliberately ignorant. Every time a Democrat talks about "sharing the wealth" remember what Pelosi steals through preferential IPOs vs. Pookie in the 'hood getting shot down for his corner.
http://www.zerohedge.com/news/dont-show-chart-president?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29
Comments are great this morning LOL,,,,,,,,,,,,,,,,,,,,,,,,,,,,
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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