Day: August 9, 2019

Unemployment Numbers and Presidential Elections Considered

It seems that just prior to the 2012 general elections, at a time we would also be choosing either a new president or four more years of the old one, there was quite a bit of chaos in the last three months running up to the election, mostly concerning our job numbers. The unemployment rate seems to be on a roller coaster ride. What was going on? Sure, in an election year anything can happen and these types of statistics have been doctored and manipulated before by past presidential administrations. However, would this current administration dare to do that? Well, let’s talk shall we?

Some of the roller coaster ride certainly had to do with the Federal Reserve’s QE3 (third round of quantitative easing) and the normal seasonal employment gyrations. Still, that doesn’t explain it all. Do voters lookout for such things, is it a deciding factor in the election? … Read More