Saturday, February 4, 2012

Allen West: Obama's Jerking Us Around With Falsified Unemployment Numbers

West said: "Can someone tell me how employment in the black community has improved at a rate three times the national average in just a few months?? With numbers like today, urban communities should be well on their way to economic recovery then! There is something suspicious about the job numbers released today and it has me very concerned," West wondered Friday. "Is this dramatic supposed decrease in black unemployment a result of job creation or is someone playing around with the census numbers?" - Ace of Spades

GOP Rep. West: Someone's 'playing around with' unemployment numbers - The Hill

Economists reached by The Hill for comment couldn't fully explain the unemployment rate change for the black community. William Darity, a professor of public policy at Duke University specializing in African-American studies and economics, wrote in an email to The Hill that the decline could have been due to a smaller labor force. He called the drop an "unbelievably dramatic drop" but didn't rule out the possibility of someone tampering with the numbers; he said there was no evidence one way or the other.

Payrolls Jump Casts Doubt on Fed’s Rate Pledge: Economy - Bloomberg

U.S. Stocks Jump on Upbeat Reports
Obama to Congress : don't 'muck up' recovery - Breitbart
Romney: Obama DOES NOT Deserve Credit - Bloonberg
Record 1.2 Million People Fall Out Of Labor Force In One Month, Labor Force Participation Rate Tumbles To Fresh 30 Year Low - Zerohedge
SANTELLI: Here's What's Wrong With Data - CNBC