Bernanke unemployment could hit 6.5 percent in 2014, Pigs could fly too?, 11.4 percent based on 2008 labor force participation, Real unemployment part time workers and no benefits

Bernanke unemployment could hit 6.5 percent in 2014, Pigs could fly too?, 11.4 percent based on 2008 labor force participation, Real unemployment part time workers and no benefits

“11.4%: What the U.S. unemployment rate would be if labor force participation were back to January 2008 levels.” …James Pethokoukis, American Enterprise Institute, June 2013

“Private sector employment increased by 119,000 jobs from March to April, according to the April ADP National Employment Report….The March report, which reported job gains of 158,000, was revised downward to 131,000 jobs.”...ADP May 1, 2013

“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″

Yesterday Ben Bernanke stated that unemployment could hit 6.5 percent in 2014.

Woulda, Coulda, Shoulda.

Recently Market Watch queried a group of economists. One of them,  James Pethokoukis, of the American Enterprise Institute, accurately stated:

“11.4%: What the U.S. unemployment rate would be if labor force participation were back to January 2008 levels.”

So why are Ben Bernanke, the media, the Obama Administration and many in the financial community touting an improved jobs situation?

Bernanke said that unemployment could hit 6.5 percent in 2014.

I suppose that pigs could fly too. If given the proper stimulus.






Related News

  • Has Jim Comey Disgraced the FBI?, November 6, 2016, “He has crossed a line into the political world.”, “Jim Comey’s FBI. It is perceived to be crooked.”
  • What’s on the Michelle Obama Rant Tape?, Filmed in 2004 in Chicago IL at the Rainbow/PUSH Coalition Conference at the Sheraton Hotel in Chicago, Michelle Obama spoke at the “Women’s Event”, DVD that Trinity United sold on its website
  • Washington Post Fake News and CIA Spin Dec 11, 2016, “sources for the story are people not from the CIA”, “does not, as Hillary claimed in October, represent the views of the 17 Intelligence agencies. “
  • Unraveling the Russian Hack Conspiracy Propaganda Dec 9, 2016, “The CIA is now allowing itself to be used once again for blatant political purposes.”
  • John Brennan’s Failed Soft Coup?, Larry Johnson No Quarter December 14, 2016, Brennan’s agency spread Russia lie, “tried and failed to take out Donald Trump”
  • Hillary Clinton approved anti Trump disinformation plan “distracting the public from her use of a private mail server.”, Obama admin, Brennan, Comey and Strzok notified in 2016
  • Tucker Carlson: Liberal policies are failing black Americans, Fox News June 10, 2020, Defunding police means many more black Americans will die
  • I40 in NC blocked for 3rd time in 10 days by Winston-Salem protesters, All lanes blocked, West Wendover in Greensboro closed
  • Leave a Reply

    Your email address will not be published. Required fields are marked as *

    *