OT: November Jobs Creation about 50% Above Expectations
Friday, December 5, 2014 5:49 AM
Total blowout on the November jobs number. Expectations were for 225k creation and the actual was 314k. Now I am sure the RickBoyDugan will rush onto ZeroHedge and they will find one little blemish in the report and focus on that only while missing the bigger picture (and don't get me wrong, I'm sure they know better too and it's all part of their cynical business plan to deliberately mislead).
Others will concoct some argument that it's all due to people giving up looking for jobs. Those who have more dispassionate minds will see this for what it is. A clear sign that we are in the early stages of an economic boom.
Now I'm a getting a bit worried the evidence of a boom is going to be too obvious. Heck, even stevie-girl might concede it now. I preferred the days back in October when the market was dropping every day and everyone was screaming doom, and stevie-girl was quoting headline after headline, and everyone else was circle-jerking him here. I guess that circle-jerk really made everyone feel good, and now they'll just kind of forget the fact that while it sure felt nice they were WRONG.
Sometimes it's lonely at the top being able to see things so clearly while others are just relying on a media with an agenda not in their interests to think for them or falling back on feelings of guilt that the world economy deserves to be punished because governments are not toeing the line to economic policies (like a gold standard) that they wish they were. I'm sure some will continue to tell themselves the day of reckoning is coming. Good luck with that one! I'm also sure y'all will get a headline or two to feed your confirmation bias occasionally next year and can circle-jerk each other about how right you are still are and any day now there will be concrete proof.
LOL!
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