UNEMPLOYMENT AND CRISES MISDIRECTION Hidden within the Bureau of Labor Statistics (BLS), lower unemployment numbers were to obscure pain the national economy is actually feeling. The record numbers of new jobs on a month-to-month basis ignores the massive losses in March and April. The net is still 14 million jobs in the hole, even with the 7 million new jobs in May and June. It’s all optics for effect only. The advertised rate of 11.1% unemployed ignores the real numbers….
THE PARTY OF TRUMP Trump’s lack of ability to grasp the truth is based on his distrust in every science discipline and a distorted view of history. Facts only get in the way of policy and objectives of this administration. McCarthyism is rampant in this administration with the idea of division. Conservatives no longer care about your facts and if they are contrary to objectives it’s labeled as fake news. Trump, for effect, will lie so the focus is not…
SHAME ON YOU PETER NAVARRO! The blame game has a face, it’s Peter Navarro. Comments from an July 3, 2020 MSNBC interview has me thinking its propaganda time. The election must be nigh. He is the individual that had the responsibility for the failed Defense Production Act (DPA) virus coordination. In the interview, he seriously accused the Chinese of manufacturing the virus without any evidence, accused the Chinese of spawning the virus with a 100,000 Chinese national hoard knowingly infected…
LEARNING DISABILITY? A timeline on his unbelievable lack of knowledge about a subject Donald Trump should know something about. As an example, in the past he has commented on the Covid-19 Trump said the following: Feb.10th, 2020 “Looks like April, you know in theory when it gets a little warmer, it miraculously go away.” Feb.27th , 2020 “It’s going to disappear. One day, It’s like a miracle, it will disappear” March 6th, 2020 “You have to be calm, It’ll…
JUNE EMPLOYMENT DATA The Bureau of Labor Statistics (BLS) came out with the June labor report and was incredible for numerous reasons. It showed 4.8 million jobs created in June, which is a phenomenal amount of jobs. This comes as businesses open up that had been shuttered including bars and restaurants. The unemployment rate itself was officially at 11.1%, which is also outstanding relative to the April. I have studied the BLS data and found some reason to be somewhat…
THE FED CONTINUED FROM 1 JULY In an article in the Washington Post about the Fed actions had some interesting revelations and warnings. The article was written by Rachel Siegel on June 29th, 2020 in italics. “The Federal Reserve’s disclosure that it could purchase the debt of massive companies such as Apple and Microsoft, as well as U.S. subsidiaries of foreign firms, triggered a fresh debate about the central bank’s norm-shattering response to the economic crisis and whether its efforts…
WHO’S GOING TO PAY THE PIPER? I had written about the upcoming economic apocalypse, which is being orchestrated by the four horsemen on the 14th of June blog post. This blog is based on a combination of events prompted by the Covid-19 pandemic. The Fed and this administration continue to follow a path of total economic disaster with magic thinking rather than one of stability and economic health. Let me explain, European countries took the complete opposite approach to the…
THE EMPERIOR HAS NO CLOTHES Trump, the demagogue in chief, has sought to garner support by appealing to popular desires and prejudices, rather than by using rational arguments. The problem Trump has is his distain for science and therefore the truth. It takes truth to have a rational argument. With his pole numbers dropping rapidly, he lost the economy as an argument and now uses fear. The worse the pole numbers fall, the more his rhetoric rises to a fevered…
THE SUPREMES DOCKET Thus far The Donald has not fared as well as his team expected in cases brought to the Supreme Court. As of 6/27 the three cases below have been decided. SETTELED: LGBTQ (Bostock vs. Clayton County) He has lost in the LGBTQ workplace rights case protecting LGBTQ individuals from workplace discrimination under the Civil Rights act of 1964. The Civil Rights Act said employers could not refuse to hire employees based on race, religion, sex, or national…
WHO ARE YOU TRYING TO KILL? The European Union has managed to coral the virus and is about to open their borders on July 1, without having to quarantine for two weeks. The EU has threatened not to allow any travelers from the United States. In a LA times article this week, Thomas Jaeger a political scientist at Cologne University said, “People are completely shocked by the way the United States has mishandled the crisis. The one nation they thought…