Ren
Senior Member
- Messages
- 1,088
Hi Ren:
Thanks for waking people up. I predicted a lot of what is coming. For example:
U.S. first-quarter GDP contraction worse than feared - Fortune
They are blaming snow. Yeah, that is the reason why the economy shrinks instead of grows.
Folks, we can't make this stuff up. Oh, did I say snow. Like we were told about global warming.
However, this has been a record cold year. Last week it was 49 in Chicago in July - yes.
Let's look at the jobs report for July.
It was reported that 200,000 jobs were created.
Further down in the report, it says 140,000 of those jobs were private sector service jobs. Next to that statement was a picture of adults serving fast food.
Turns out the U.S. was expecting 230,000 jobs and the unemployment rate went from 6.1 to 6.2%.
But the report was seen as a sign of economic recovery.