by Allen West
According to an article in the NY Post by John Crudele, it seems the jobs report numbers leading up to the 2012 presidential election were fake. As Curdele reports:
In the home stretch of the 2012 presidential campaign, from August to September, the unemployment rate fell sharply — raising eyebrows from Wall Street to Washington. The decline — from 8.1 percent in August to 7.8 percent in September — might not have been all it seemed.
The numbers, according to a reliable source, were manipulated. And the Census Bureau, which does the unemployment survey, knew it.
Just two years before the presidential election, the Census Bureau had caught an employee fabricating data that went into the unemployment report, which is one of the most closely watched measures of the economy.
Interestingly enough, last year it was Jack Welch, former CEO of GE, and a Florida Congressman who immediately spoke out about the veracity of those numbers. The Florida Congressman was yours truly, and here’s what I had to say about it then.
There’s simply no way possible that unemployment numbers could have dropped that much in one month when the new jobs numbers were dismal and the workforce participation rate continued to drop.
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