Today I’m going to continue to dig deeply into the government’s economic data — even if you are falling asleep.
Wake up! (Sound of pan being banged.)
You’ll have to decide soon who you want to elect to Congress, and I’ve been telling you in two previous columns some of the tricks in the economic data.
First, I explained that the Labor Department, for no apparent reason, made a huge change in its seasonal adjustments — and those changes reduced job growth in August by a large amount.
Growth could have been a whopping 300,000 jobs instead of just 201,000. The Republicans ought to look into why the adjustments were changed to make the employment situation look worse than it really was.