Overstated or lied

GURPS

GURPS

INGSOC
PREMO Member

Biden administration overstated Q2 job growth by 1 million: Philadelphia Fed​



The Biden administration overstated the number of jobs created in the US during the second quarter by more than 1 million, according to a report issued by the Philadelphia Fed.

The Philadelphia Fed report found that just 10,500 net new jobs were created between March and June.

That finding is in stark contrast to numbers released by the Bureau of Labor Statistics, which estimated that there were 1.12 million new jobs added between March and June of 2022.

Economists at the regional central bank in Philadelphia published their own report last week that gleans data from unemployment insurance payments.
 
vraiblonde

vraiblonde

Board Mommy
PREMO Member
Patron
They always do this when Gropes lies boldface on camera - "oh, it was an overstatement" "oh, it was a gaffe" "oh, he embellished".

No, he ****ing lied. He's a ****ing liar. He's always been a ****ing liar, and he can't open his mouth without lies spewing forth. Biden lies reflexively, when there's no reason to lie, and when the lie isn't even remotely connected to what he's supposed to be talking about.

Hillary Clinton does that too - lies for no apparent reason. "Oh, we were under sniper fire!" "Oh, I was named for Sir Edmund Hillary!"

It's a Democrat thing.
 
H

HemiHauler

Well-Known Member
LOL, dummies who don't understand chit about any of this getting chubbies over nothing.

The Fed estimate isn't official and they are stating that they believe that BLS under reported data for two quarters.

Such are the perils of economic forecasting.
 
Monello

Monello

Smarter than the average bear
PREMO Member
The only reason there are so many jobs is due to the 150 million people killed by gun violence since 2007. That is on top of the 120 million dead from covid. We know this because dear leader told us so. That guy is sharp, he has a 110 instamatic memory. In addition his son, the smartest person he knows, helps him with his math homework.
 
BOP

BOP

Well-Known Member
GURPS said:

Biden administration overstated Q2 job growth by 1 million: Philadelphia Fed​



The Biden administration overstated the number of jobs created in the US during the second quarter by more than 1 million, according to a report issued by the Philadelphia Fed.

The Philadelphia Fed report found that just 10,500 net new jobs were created between March and June.

That finding is in stark contrast to numbers released by the Bureau of Labor Statistics, which estimated that there were 1.12 million new jobs added between March and June of 2022.

Economists at the regional central bank in Philadelphia published their own report last week that gleans data from unemployment insurance payments.
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It's okay...BLS will delete all those pesky stats.
 
Toxick

Toxick

Splat
vraiblonde said:
No, he ****ing lied. He's a ****ing liar. He's always been a ****ing liar, and he can't open his mouth without lies spewing forth. Biden lies reflexively, when there's no reason to lie, and when the lie isn't even remotely connected to what he's supposed to be talking about.
Click to expand...

In all fairness, there's a very high probability that he believes what he's saying, or at least doesn't know any better.

They wake him up from his comfy chair when it's time to go on television, wipe the drool and that crusty white **** out of the corners of his mouth, and tell him that he created a hundred billion jobs last quarter, and it pops up on the teleprompter and he says "Asufutimaehaehfutbw" and the media floods the floor of the press room with their collective ejaculation and girlsauce and write about the tingles up their legs, and run to the presses with the joyous news that Finally We Have A President Who Cares.

Then the Secret Service prevents another Silver Alert when he wanders off somewhere on the White House grounds.
 
Hijinx

Hijinx

Well-Known Member
Toxick said:
In all fairness, there's a very high probability that he believes what he's saying, or at least doesn't know any better.

They wake him up from his comfy chair when it's time to go on television, wipe the drool and that crusty white **** out of the corners of his mouth, and tell him that he created a hundred billion jobs last quarter, and it pops up on the teleprompter and he says "Asufutimaehaehfutbw" and the media floods the floor of the press room with their collective ejaculation and girlsauce and write about the tingles up their legs, and run to the presses with the joyous news that Finally We Have A President Who Cares.

Then the Secret Service prevents another Silver Alert when he wanders off somewhere on the White House grounds.
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There is a lot of truth to that.
 
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