Comments on: Census Hiring and Reporting Methods Minimize April Unemployment Numbers http://moneymorning.com/2009/05/11/april-unemployment-numbers/ Global Investment News Fri, 25 May 2012 18:42:41 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: William http://moneymorning.com/2009/05/11/april-unemployment-numbers/comment-page-1/#comment-6478 William Tue, 12 May 2009 16:58:02 +0000 http://www.moneymorning.com/?p=7306#comment-6478 Don, From your article on 5/11/09: "The one bright spot was government hiring, with public payrolls soaring by 72,000 after the U.S. Census Bureau began hiring 140,000 temporary workers last month to produce the population count that comes once every 10 years. It will hire more than 1.4 million people to conduct the survey over the next year." With all due respect, how the H*ll is hiring more workers (an expense) for our country/company a "bright spot"??? Even a 12 year old knows that spending more money that has NO Return on Investment is a bad thing. So if I understand you correctly, the unemployment number trumps more spending. Where did you get your degree? The Weimar Republic/Germany?! Excuse me if I'm rude, but your incompetent analysis is the same boneheaded thinking coming from our Govt. It looks like we are going to learn the hard way. Forecast: 100% chance of Inflation in the form of taxes, currency devaluation, reduction in services, and other painful and deceiving methods by our ‘creative’ government officials (Note the word ‘officials’ and not ‘leaders’). Regards, William Don,
From your article on 5/11/09:
"The one bright spot was government hiring, with public payrolls soaring by 72,000 after the U.S. Census Bureau began hiring 140,000 temporary workers last month to produce the population count that comes once every 10 years. It will hire more than 1.4 million people to conduct the survey over the next year."

With all due respect, how the H*ll is hiring more workers (an expense) for our country/company a "bright spot"??? Even a 12 year old knows that spending more money that has NO Return on Investment is a bad thing. So if I understand you correctly, the unemployment number trumps more spending. Where did you get your degree? The Weimar Republic/Germany?!

Excuse me if I'm rude, but your incompetent analysis is the same boneheaded thinking coming from our Govt. It looks like we are going to learn the hard way. Forecast: 100% chance of Inflation in the form of taxes, currency devaluation, reduction in services, and other painful and deceiving methods by our ‘creative’ government officials (Note the word ‘officials’ and not ‘leaders’).

Regards,
William

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