In response to:

Believe it – Employment Numbers Were Ginned

bwalsh Wrote: Oct 15, 2012 1:37 PM
It's amazing that on 4 Oct MSNBC reported this: "Analysts said it would take an increase of 3 or more tenths of a point in the unemployment rate - to 8.4 percent or higher - to really shake voters' faith in Obama. They noted that a drop of 2 tenths of a point - to even 7.9 percent, would be an important psychological boost. "Something under 8 would certainly be a headline number that the White House would like to see," Valliere said." And then the next day it happens to come true? I just have difficulty believing in these numbers.

A couple weeks ago, this column analyzed the inflation rate reported by the Bureau of Labor Statistics (BLS), and concluded that you should rely on your common sense when the government reports questionable statistics. If they don’t make sense based on what you see, experience, and hear from your friends, then they’re probably wrong. Last week’s unemployment number – which decreased to a still-dismal 7.8% – should not only make no sense to you, but should have never made sense to the BLS and therefore should never have been issued.

So am I just popping off or is there...