"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
America’s Most Horrific Jobs Report in History
"Friday’s jobs report was undoubtedly the most horrific in U.S. history! Only 38,000 non-farm payrolls were added in May vs. the consensus estimate of 164,000 – the largest non-farm payolls miss of all time. It was the weakest monthly gain in non-farm payrolls since the phony U.S. economic “recovery” began 67 months ago. When you dig deeper into the payroll data and look specifically at the monthly change in productive manufacturing, mining, and construction jobs – the picture gets much worse. Total U.S. manufacturing, mining, and construction jobs declined in May by -35,200, the largest decline in productive U.S. jobs of the last 75 months!"
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