Thursday, October 11, 2012

BloggeRhythms 10/11/2012

While Darrell Issa’s House Oversight Committee probes the White House/State Department/U.N. Ambassador’s cover-up of the terrorist attack in Benghazi, Libya, it seems there may be another questionable issue regarding the administration’s tendency toward fabrication. 
 
This one concerns the highly lauded report showing jobless claims reducing to 7.8%, which now looks like it may have been incorrect. Because according to Kelly Evans, reporting a story on CNBC on-line, apparently the data from one of the largest states was left out of the total.  

According to Ms. Evans, here's what actually happened: “The state did report weekly jobless claims but did not process and report its quarterly claims number (when many people have to reapply for benefits for technical reasons as opposed to being newly laid off). As a result, there wasn't the expected spike in claims that normally happens at the start of the quarter.”

She goes on that: “It is unclear why that happened or how unusual that is. What is clear is that the expected spike in claims around the start of each quarter was smaller this time than usual. Coupled with the seasonal adjustment (that expected a bigger increase), that pushed down the headline figure.” 
 
Which leads her to conclude that: “In other words, the drop of 30,000 last week had more to do with the lack of expected re-filings at the start of the fourth quarter than with any particular improvement in labor market conditions. That also means that the decline which usually follows the spike won’t be as pronounced this time around, so the headline tally of jobless claims is likely to rebound next week.” 
 
Ms. Evans also added that: “The Labor Department appears to have had little choice in this matter, however; it couldn’t estimate what the one large state would or should have reported. Still, it may have been able to avoid more confusion had it more clearly articulated that in its weekly press release. And now, there is one state’s labor department with plenty of explaining to do.”

So, here we have another case which I think serves to illustrate that the administration is not only incompetent, as proven by the continuing dearth of jobs, but is also blatantly dishonest whereas it blithely resorts to lies to cover it’s horrendous mistakes and/or shortcomings each time it has to face real facts

And, as always, since there's’ rarely any news about the administration doing anything that’s actually any good in the end, I have to ask why anyone with an ounce of sense would ever vote for these complete and utter failures again.

That’s it for today folks.

Adios

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