In These New Times

A new paradigm for a post-imperial world

Posts Tagged ‘paul craig roberts’

PHONY DATA: America’s “January Jobs” are Statistical Artifacts

Posted by seumasach on February 7, 2012

 Paul Craig Roberts
7th February, 2012
Last Friday the US Bureau of Labor Statistics reported that in the first month of this new year 243,000  jobs were created and the unemployment rate (U.3) fell to 8.3 percent.  This good news is a mirage. It is due to faulty seasonal adjustments and to the BLS birth/death model. In a prolonged downturn, seasonal adjustments and the birth/death model produce nonexistent employment. 

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The real economic picture

Posted by seumasach on February 4, 2012

Paul Craig Roberts


If you have any money and you want to understand the lies that “your” government tells you with statistics, subscribe to John Williams

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Drowning in hypocrisy: war abroad, austerity at home

Posted by seumasach on January 25, 2012

Paul Craig Roberts

Global Research

25th January, 2012

The US government is so full of self-righteousness that it has become a caricature of hypocrisy.  Leon Panetta, a former congressman who Obama appointed CIA director and now head of the Pentagon, just told the sailors on the USS Enterprise, an aircraft carrier, that the US is maintaining a fleet of 11 aircraft carriers in order to project sea power against Iran and to convince Iran that “it’s better for them to try to deal with us through diplomacy.” 

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