Bernanke's money pumping is creating manipulated jobs that will disappear once he stops printing money, but for now the jobs are there and have Keynesians totally confused.
The private sector added 187,000 jobs in January compared with a downwardly revised gain of 247,000 jobs in December, according to ADP Employer Services.
The January ADP figure was well above the expecatations of Keynesian economis, who forecast job gains of only 145,000.
Yes, but with a 50,000 previous month downward revision. ADP is joining the BLS in trying to keep the charade going.
ReplyDeleteWenzel wrote: "Bernanke's money pumping is creating manipulated jobs that will disappear once he stops printing money"
ReplyDeleteCan you elaborate on what type of jobs you believe are temporary and tied to QE2?
Thanks,
Why do people want to work for a living when everything they earn is stolen from them in taxes and inflation. The entire monetary system is a counterfeit racket so just go on welfare and be free.
ReplyDeleteFreedom is just another word for nothing left to loose. Welcome to the Machine, sheeple...err...Shall I refer to you all as "CopperTops"?
ReplyDelete@ anonymous:
ReplyDelete"Why do people want to work for a living when everything they earn is stolen from them in taxes and inflation. ... just go on welfare and be free."???
is that how you've rationalized your mediocrity?
let me guess, you're in the classy-envy camp, and have utter disdain for people who have money.
and utter ignorance about the probability that people who have money possibly, just possibly, worked and sacrificed for it?
btw, I just bought the killer home theater system from Best Buy. Over $5k, and paid cash.
enjoy your refrigerator box under the overpass, loser.
Only the stupid people work...I make more money on welfare programs than most of you after taxes. I will get your $5K eventually, my pretty. I will continue to vote for people who will steal everything you earn! So get to work...Work harder! I need the money.
ReplyDelete