Submitted by Tyler Durden on 09/05/2012 - 17:10 Ben Bernanke BLS Bond Bureau of Labor Statistics Credit Suisse Lehman New Normal Philly Fed Reality Recession
undefinedThere is one major problem, for the administration at least, when it comes to presenting labor data that is not "compiled" by the Bureau of beLabored Statistics and its Bank of Spain-endorsed Arima-X-13 seasonal data fudging program: it reflects realty, not statistical or seasonal adjustments, and certainly can not be skewed this way or that depending on what best suits the incumbent presidential candidate two months ahead of the election. Which is why one won't read anywhere that one of the most reliable indicators when it comes to real time hiring data as reported by the actual job market and not by some conflicted, data challenged organization which on top of everything has data leak issues, namely Help Wanted ads just plunged by the most since the Lehman collapse.
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http://www.zerohedge.com/news/bad-news-nfp-bulls-help-wanted-ads-plunge-most-lehman-collapse
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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