I heard about Dr. Snyder before. Now Larry introduces his numbers in his blog. I am not surprised at all since I am on record--Washington cooks books.
I heard from my niece the other day. She was an PayPal employee and got her walking papers within days of the Biden Administration trumpeting the “creation” of 517,000 jobs. Please sit down. What I am going to write next may shock you and induce fainting — Biden is lying. There. I said it. What is the evidence for the lying? Meet Mr. Michael Snyder. He has a crazy addiction to facts and is not afraid to challenge the conventional wisdom. At his blog, The Economic Collapse, Snyder has published some truly alarming evidence.
Read the whole thing at Larry's. Meanwhile, manipulation with jobs statistics--a euphemism for fraud--goes back to 1980s and already in his hard-hitting treatise 1994 edition The End of Work Jeremy Rifkin accused Clinton Admin of lying about "jobs creation" by withholding the truth about those "jobs"--entry level, low pay and part-time seasonal jobs. Now people get alarmed, rightly so, with massive layoffs. Today, though, you cannot conceal those. As much as I abhor Trump, don't look at me--I didn't vote for Biden. IT sector which is being slaughtered now largely did. Buyer's Remorse? At least Trump knew one thing--you fail the US Dollar, Game Over for the US. Biden Administration killed it.