The absence of vital thinking that we see worldwide of journalism today is absolutely frightening. Way too often, the mainstream media merely takes the details that it is being fed and packages it as “reality” for an unsuspecting public. And given that the general public does so little crucial thinking at this moment, most of the time the false information that is being foisted upon us goes practically undisputed. That is among the reasons that my short articles have actually ended up being so popular for many years. I am not afraid to challenge the official narratives, and I motivate my readers to think on their own and to come to their own conclusions.
There is a lot misinformation that I might talk about, however in this short article I am going to concentrate on a few of the recent economic lies that we have actually been told.
On Friday, NPR was enjoyed report that the U.S. economy “added 467,000 tasks last month”…
The U.S. job market came through January in much better shape than anticipated in spite of a winter season wave of coronavirus infections.
Companies added 467,000 jobs last month, according to a brand-new tally from the Labor Department, far surpassing even the most positive projections. The gains came despite a rise in COVID-19 cases tied to the omicron variation.
However the U.S. economy did not add 467,000 tasks last month.
It in fact lost 2.8 million tasks.
So how does a loss of 2.8 million jobs end up being a gain of 467,000 tasks?
That is where “seasonal adjustments” can be found in, and as one expert estimated by Zero Hedge kept in mind, “there has never been a January Seasonal Change of this magnitude”…
At this moment the response what lags the huge January beat should be becoming clear: how did a -2.8 million actual drop in tasks equate into an adjusted 467K? If you said seasonal, covid and population control changes, you are right. And to be sure, this is something both we and others flagged, when we regreted that month after month, the BLS seemed utilizing stagnant seasonal modifications.
However digging much deeper programs that this was not just an ordinary seasonal adjustment.
As SouthBay Research notes in his NFP postmortem, “there has never been a January Seasonal Modification of this magnitude”
Simply put, what we just witnessed was “the mom of all seasonal modifications”, and completion outcome was certainly invited by the Biden administration.
However anybody that really thinks that the U.S. economy magically included 467,000 tasks last month is not dealing with truth.
On the other hand, we are getting a cold, difficult truth check when it comes to our continuous supply chain crisis.
The Biden administration ensured us that 2022 would be different. We were told that they were on top of this crisis which they were taking emergency situation procedures to make things much better. In theory, once we got past the difficult duration of the holiday season economic demand would drop and blockage throughout our supply chains would relieve.
However that hasn’t happened.
Instead, we continue to get indications that things are getting even worse.
On Friday, Ford revealed that it would “briefly stop or downsize” production at eight facilities in North America due to the fact that of an absence of computer system chips …
Troubles in getting semiconductor chips will trigger Ford Motor to briefly halt or downsize auto production at eight plants in North America, the business stated Friday, according to reports.
The statement by the major U.S. automaker– set to work next week– continued a series of supply-chain setbacks that have affected the nation’s economy in current months.
That is actually bad news.
Does this mean that we are dealing with yet another year of insanely high vehicle prices?
Throughout a call with press reporters on Friday, U.S. Commerce Secretary Gina Raimondo actually confessed that there isn’t going to be any quick fix for the chip scarcity …
U.S. Commerce Secretary Gina Raimondo warned during a call with press reporters on Friday that there will be no fast fix to fix the semiconductor lack contributing to supply chain disturbances causing a ripple effect throughout the economy.
“We didn’t get in this mess overnight, and we’re not going to get out overnight. This has actually been a problem years in the making,” she discussed. “There has been a sluggish deterioration of our production base in America over years, and we need to start now to restore.”
For once, somebody in the Biden administration has made an asset.
We never ever need to have enabled ourselves to become so depending on chip production from Asia.
Today, most of the chips that we utilize are made in Taiwan.
So what occurs to our economy if China attacks Taiwan?
You might wish to think of that.
Other lacks continue to heighten too. For example, the following comes from a post about our across the country child formula scarcity…
Claire Salter, an Operation Returnvolunteer in Blue Ash, states she’s extremely worried since there’s very little baby formula left on the nonprofit company’s kitchen racks.
“It horrifies me,” said Salter.
“These 6 or seven, 8 cans we have– that’s all we have today,” she included.
If I talked about all of the major scarcities that we are facing right now, it would take me weeks to complete this post.
In reality, the CEO of a chain of convenience stores in Texas just recently admitted that his business is “probably balancing 6,500 to 8,000 outs a week from producers”…
Kevin Smartt, CEO of Texas-based corner store chain TXB (which means Texas Born) has actually been carefully keeping track of weekly product schedule reports from his suppliers.
The business runs 50 stores throughout Texas and Oklahoma. Each location is approximately 4,500 square feet, serving a mix of freshly-prepared foods like tacos, salads and sandwiches plus a range of grab-and-go packaged items. Some places also sell vegetables and fruits.
“Here’s the magnitude of the issue right now,” Smartt stated. “As a chain, we’re most likely balancing 6,500 to 8,000 outs a week from producers,” he stated. ‘Outs’ refers to a specific branded item that runs out stock and can’t be delivered that week.
In other words, his chain is having to navigate an environment in which thousands upon thousands of items that they regularly order remain in brief supply.
This is truly happening.
Numerous of the patterns that you have been alerted about for several years are concerning a crescendo in 2022.
Naturally the Biden administration would like you to think that a terrific new period of peace and success is just around the corner.
You can think them if you desire.
But I would suggest examining all of the proof and concerning your own conclusions. Things simply keep becoming worse, and at this point it is difficult to envision how anyone can be optimistic about the months ahead.
*** It is finally here! Michael’s new book entitled “7 Year Armageddon” is now readily available in paperbackand for the Kindleon Amazon. ***
About the Author: My name is Michael Snyder and my brand name new book entitled “7 Year Apocalypse”is now available on Amazon.com. During this season, I want to encourage you to send out digital copies of my brand-new bookto your friends and family as presents. That will help to support the work that I am doing, and it will help to increase the effect of the book. In addition to my brand-new book I have actually composed five other books that are offered on Amazon.comincluding “Lost Prophecies Of The Future Of America”, “The Starting Of Completion”, “Get Prepared Now”, and “Living A Life That Actually Matters”. (#CommissionsEarned) By purchasing the books you assist to support the work that my wife and I are doing, and by offering it to others you assist to multiply the effect that we are having on individuals all over the globe. I have published thousands of short articles on The Financial Collapse Blog Site, End Of The American Dreamand One Of The Most Essential News, and the posts that I publish on those sites are republished on lots of other popular sites all over the world. I always easily and happily allow others to republish my articles by themselves websites, but I also ask that they include this “About the Author” area with each short article. The material included in this short article is for general information purposes just, and readers need to consult certified specialists before making any legal, business, financial or health choices. I encourage you to follow me on social networks on Facebookand Twitter, and any way that you can share these short articles with others is a fantastic assistance. Throughout these very difficult times, people will require hope more than ever in the past, and it is our goal to share the gospel of Jesus Christwith as many people as we possibly can.