Jobless rate drops to 2-year low 8.6%

Summary:

IQ 47 is excited, as a little girl in a doll shop, that numbers he admits are false will cause voters he admits are stupid to vote again for Obama.


No wonder this country is rapidly going down the drain.
 
Jobs numbers have been estimated / revised for years now. It is not an exact science, but is a stat that is followed by traders/economists worldwide. That is a fact.

Here is a trading strategy that i use.....
At approx 2 minutes before an important announcement i place 2 trades. I am Long S&P Futures and simultaneously Short Dow Futures at say 200 bucks a point each. Both with tight guaranteed stops.My round trip including stops is approx 20 points. Needless to say volatility will occur once the announcement has been made, and any move either direction exceeding 20 points is net moola for me. :) .



Don't bother to thank me. :mad: .
 
Quote from AK Forty Seven:

My guess is they think most people accept it and know it would be a losing battle.They are also part of the same federal goverment that decides the official numbers so that would make them look bad . Arguing the numbers when they made a significant drop also makes them look bad

Just my opinion though

AK, this thing is over. Obama wins. Look at this motley crew the GOP has.

Now they are going back to the Southern Strategy, with Newt.

It's over, nothing to see here, move along.:D
 
Quote from RCG Trader:

AK, this thing is over. Obama wins. Look at this motley crew the GOP has.

Now they are going back to the Southern Strategy, with Newt.

It's over, nothing to see here, move along.:D


:D :D :D :D
 
Presumably the "drop out" factor was treated no differently in the last report, so unless it's getting worse it's a "wash", mathematically. And the LFPR does not tell the whole story, if you think about it for a moment. Hints: productivity, wealthy retirees.
 
Quote from AK Forty Seven:
Maybe the majority of Americans are stupid but most of them accept the official government numbers
They are stupid, they elected Obama, didn't they?
stupide.gif
 
Once the U.S. Supreme Court kills Obamacare once and for all in June 2012, all Obama will have to campaign on is 8%+ unemployment. LOL!!!!!!!!!!!!!
 
Quote from rc8222:
Once the U.S. Supreme Court kills Obamacare once and for all in June 2012, all Obama will have to campaign on is 8%+ unemployment. LOL!!!!!!!!!!!!!
I hear the Supreme Court of Kangaroos has the votes to retain Obamacare.
yuck.gif
 
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