Virtual Economy’s Phantom Job Gains Are Based on Statistical Fraud. And More Fraud Is in the Works


Don’t believe the spin that you are unemployed because you are shiftless and prefer government handouts to work. The government does not want you to know that you are unemployed because the corporations off-shored American jobs to foreigners and because economic policy only serves the over-sized banks and the one percent.

Just as the jobs and inflation numbers are rigged and the financial markets are rigged, the corrupt Obama regime is now planning to rig US manufacturing and trade statistics in order to bury all evidence of off-shoring’s adverse impact on our economy.

The federal governments Economic Classification Policy Committee has come up with a proposal to redefine fact as fantasy in order to hide off-shoring’s contribution to the US trade deficit, artificially inflate the number of US manufacturing jobs, and redefine foreign-made manufactured products as US manufactured products.  For example, Apple iPhones made in China and sold in Europe would be reported as a US export of manufactured goods. Read Ben Beachy’s important report on this blatant statistical fraud in CounterPunch’s July 4th weekend edition:http://www.counterpunch.org/2014/07/04/we-didnt-offshore-manufacturing/

peoples trust toronto

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Washington can’t stop lying.  Don’t be convinced by last Thursday’s job report that it is your fault if you don’t have a job. Those 288,000 jobs and 6.1% unemployment rate are more fiction than reality. 
In his analysis of the?

Vía Global Research http://ift.tt/VTUi5g

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