Barack Obama took office January 2009. I remember when they revised those job numbers downward but as expected if you try to look this up on Google it returns absolutely nothing. I can't remember the time period covered by the 2009 revision but remember it was Obama who was also in charge during this same time period. If memory serves me correctly this is when they decided if you were not actually looking for a job and comfortable with the money you were making selling drugs... You are no longer "unemployed". Poof. Magic. Numbers immediately looked great.
Markets are up today. How? We just lost all the jobs that created all the gains each month over the past year from March 2024 looking back. I think one could easily surmise that March-July 2024 reported numbers are also NOT correct. Wonder what they real numbers were for those months.
This is unbelievable. This is how you should lose faith in our Government and financial markets.
But.... nothing to see.. all good. Every index is green today. Obama's got it under control.
BTW - Crime also goes down when the DA stops charging people for crimes. If you don't charge anyone with Murder there are no murders just inconveniently dead people.