Shadow Government "Money" Supply Growth from ShadowStats

Chart of U.S. Money Supply Growth

25 February, 2010

Rejoice! Rejoice! Employment News To Improve!

Well, not really. But the bad news may decrease. As explained in an article by David Martin, published on http://www.economicpolicyjournal.com/2010/02/obama-finds-something-to-cut-out-of-big.html, "The Obama administration...proposes to eliminate the office in the Bureau of Labor Statistics that collects and publishes the comparative data on employment, unemployment, manufacturing productivity and labor costs, among other things."

Goldfinger doesn't want news like this to overshadow the Company line: "The economy is showing improvement." So...

No longer will we see Table B of the report, that showed the U.S. decline in manufacturing employment of 3.4 percent in 2008 (the highest of 17 countries listed). No longer will we be subjected to knowledge, like the fact that "the" United States lost manufacturing jobs at a rate of 3 percent a year from 2000 to 2008, which Martin describes as "a huge acceleration over earlier years."

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