That’s according to Jim Clifton, Chairman and CEO of Gallup who says:“the 5.6% unemployment percent given by the Federal Government is a ‘big lie’“. Why would the government lie? Politics.

The unemployment rate should be the number of people who do not have a full-time, 40 hour a week job divided by the number of people who can work. That’s
Why would Obama lie? It’s congenital. He’s a liar. Has been for most of his life. It’s how he rolls.

Here’s what else Jim Clifton says: “I hear all the time that “unemployment is greatly reduced, but the people aren’t feeling it.” When the media, talking heads, the White House and Wall Street start reporting the truth — the percent of Americans in good jobs; jobs that are full time and real — then we will quit wondering why Americans aren’t “feeling” something that doesn’t remotely reflect the reality in their lives. And we will also quit wondering what hollowed out the middle class.”

How can the federal government keep spending if the income of Americans is decreasing? Where do they get the money to spend?
Two places. First they “borrow it from the Fed”. Second they tax businesses. Taxes on business have been carrying the economy for decades.

The Fed has bee hoodwinking the citizens for a hundred years. When government prints money they don’t have they show it as a debt. The Fed allegedly carries the debt but it’s just a record-keeping device. They didn’t have the money to loan the government. Government printed it and gave it to the Fed to pay for government’s spending.

The amount of printed money is just handed over to the Fed and they use it to pay for what the government spends. The Fed keeps a record of the amounts. The government claims it pays interest on the debt to the Fed to whom they handed the money.

Why would government pay the Fed interest on money they simply gave to the Fed to pay the bills? They don’t actually pay the interest. It’s another government lie. All of the so-called interest paid to the Fed is returned to the U.S. Treasury at the end of the fiscal year minus a small amount for their work. The so-called debt is not really debt at all. After all, no one had the money to loan to the government. No money, nothing borrowed and no debt. The debt is just a number to keep track of how much money was printed so the spending by the government could be paid. The printed money is gone.
There’s no one to pay it back to, -but that doesn’t matter because it’s never going to be paid back. It’s just a record.

But there’s a problem with money that’s simply printed. It has no value that caused it to come into existence. Because it has no value it causes inflation. It’s all that simple. It’s just been kept secret so it seems that the money is under control. What’s out of control is the excessive spending. That never stops. The printing doesn’t stop and neither do the lies.

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