Originally posted by Jim Quinn at theburningplatform:
In the early years of TBP I would take every BLS employment and CPI report apart and obliterate their lies, misinformation, “adjustments”, and birth/death model. Month after month I would scorn and ridicule the fake numbers they put out to try and put lipstick on this bloated pig of debt. I got tired and bored of repeating myself, so I have mostly ignored the BLS bullshit for years.
You can read the details about today’s report in the ZeroHedge article below, but there were a few atrocities that stood out to me when reading the article. I’ll summarize:
- The January number of 130,000 jobs created was “shockingly” good. It was double the expected number of 65,000. So, the Wall Street shysters and their million dollar “experts” set a low number. Trump’s lying acolytes go on the propaganda media outlets yesterday saying the number was going to be really bad (they know the numbers in advance). And BLS lies turn into stock market highs!!!! Just like they planned.
- What the MSM losers will completely ignore is the fact that 25 of the last 26 employment reports have been revised LOWER after the fact. That’s 96% of the time. So, it is an absolute certainty that 130,000 number will be revised drastically lower, probably to ZERO, a year from now. Do you see their game? Report a high enough number to keep the stock market going higher, then report the truth a year later when no one is paying attention. Rinse and repeat.
- Of course we had the annual revision of the numbers created by the Birth/Death model. You know, the model that makes up fake jobs and adds them to the monthly numbers. It seems they slightly overestimated by 898,000 jobs in 2025. This revision will not be spoken of by the bimbos on CNBC or Bloomberg talking morons. For twelve months they lied that we were adding 49,000 jobs per month when it was really 15,000 per month.
- The 130,000 “new” jobs is a seasonally adjusted (another model) number. The real non-adjusted number was NEGATIVE 2.65 million. I’m sure there is no funny business going on with that model. I was a financial person for 40 years. I built hundreds of financial models over my career. If my model consistently overestimated the output, I would adjust the model so it didn’t do that, because I wanted accuracy. The BLS, government apparatchiks, Wall Street, and the captured legacy media don’t want accuracy. They want a narrative to keep the masses ignorant and sedated.
It seems to me Trump is stuck between a rock and a hard place. He and his MAGA NPCs tout growing employment, declining inflation, and a stock market at all-time highs. In the next breath they scream for lower interest rates, which does not make sense if everything is so fucking good. They know the BLS numbers are a lie and the economy is headed into the shitter, but if they admit it, the stock market will crash.
The mid-terms are rushing towards Trump like a locomotive. A looming recession and the ceaseless Epstein revelations don’t bode well for the Orange Dictator. If he follows Netanyahu orders and starts a war with Iran, oil goes over $100 per barrel and gas prices go over $4 per gallon. Voters will not be happy. Debt cannot be paid off by lying about the economy. A banquet of consequences awaits.
US Unexpectedly Adds 130K Jobs In January, Most Since 2024, Amid Massive Negative Revisions https://t.co/XEq5JWyN8z
— zerohedge (@zerohedge) February 11, 2026
