It's Looking More And More Like The Recession Was A Deliberate Set Up By GOP

[TheMastersNemesis]

8. By Mid 2006 Things Were Obvious

By 2006 it was obvious that something was going on. There are a lot a of things about the labor stats that are not immediately obvious that the public would not see. For one Bush and his administration eliminated the "mass layoff" report from the national data. So even though you could show job increases there was no information about layoffs. The media and the corporations were hiding how many they were laying off. The other factor was the continuing massive and unreported outsourcing. The other factor was that we were getting over 100,000 per month in new immigration. There was a lot of jobs being converted to contract labor. Workers being downgraded in their jobs were still being reported as employed.

Housing prices were rising too fast and people were borrowing to guy real estate they could turn over. Plus I noticed that loans were being just passed on. And it looked like paper was being passed on and commissions were being paid on the higher value of the housing.

When I read the business section of the papers I could see the labor picture being glossed over.

The Bush administration ignored and covered up a lot of things. The patterns that I was seeing in labor had been going on for years and nothing had changed since I left the labor department.

So the guy who put up the tin foil hat picture can believe what he wants. He is probably a troll. At least the cat is cute.