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Click On Picture To See Larger PictureThe [CB]/Biden admin are manipulating the economic numbers so much that they are no longer making sense. It is now obvious to most people that the economy is on trouble. People are now skipping meals to make ends meet. BRICS prepare to move away from the Federal Reserve Note. Globalism is dead. The patriots are about to expose the traitors in this country. The D's are now instructed to inform their base that Biden is out, change of batter around the corner.Trump and Johnson released a bill saying that anyone who votes in this country must be a US citizen. Those who do not vote for this are traitors to this country. The C_A is to corrupt to clean, it must be dismantled, this is the closing act.

 

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Economy


How Did 250,000 Jobs Suddenly Vanish This Year? 





Did the economy create 206,000 jobs last month? That’s what the Bureau of Labor Statistics reported on Friday. But don’t believe it. Under President Joe Biden, the BLS has been consistently inflating monthly job growth numbers.
It makes great public relations, because the press reports only on the initial estimate, and rarely follows up on the subsequent downgrades. But it does help explain why nobody believes Biden’s – and the mainstream media’s – propaganda about how great the labor market is doing.
Last month, for example, BLS said that the economy created 272,000 jobs, which the media branded as “whopping,” “robust,” “vigorous,” and a “blowout.” Economists had expected 190,000 new jobs in May.
But on Friday, the Bureau of Labor Statistics admitted that it had overestimated job gains in May by 20%, with the new figure just barely above economists’ expectations. The change barely got a mention in the press.

Likewise, April’s job gain, which the BLS initially claimed was 175,000, is now just 108,000. That’s a 38% downgrade.
January’s 353,000 new jobs – which reportedly “blew economists’ expectations out of the water” – was almost 100,000 jobs too high. February’s initial estimate has since been cut by almost 40,000. (See the chart below.)

Source: Bureau of Labor Statistics I&I Chart

As a result, a quarter million “new” jobs have vanished into thin air so far this year.
This isn’t a new phenomenon. Last year and the year before, the BLS repeatedly announced downward revisions in the number of jobs created.
Why? One big reason is the statistical models the BLS uses to fill in gaps in its survey of businesses have been misfiring. Here’s how Bloomberg explains it:

A chunk of the potential overestimation of payrolls stems from adjustments the agency makes to the monthly employment report to account for the net amount of businesses opening and going under, Wong and Knapp say. Because the BLS only surveys existing establishments, it uses a so-called birth-death model to estimate those flows.
Source:issuesinsight.com


Bidenomics: 27% of Americans Say They Skip Meals Due to Rising Cost of Food  




27% of Americans say they skip meals due to the rising cost of food.
39% say they skip meals to make house payments.
Unusual Whales reported:

39% of Americans say they’ve skipped meals to make housing payments, per Clever Real Estate survey.

And among millennials, that figure rose to 44%. Among Baby Boomers, it was 20%.



Source: thegatewaypundit.com


https://twitter.com/WallStreetSilv/status/1809659995652518372
BRICS to launch independent financial system – Moscow






Countries of the BRICS economic bloc are currently working on the launch of a financial system that woul...