ONE REPORT THAT CANNOT BE GAMED...THE TRUTH!

Source: James Dale Davidson Feb 28, 2016…Davidson Unpugged…Why Trump is Winning.

TO THE POINT:      

WITHHOLDING TAX COLLECTIONS…WHICH REPORTS ACTUAL PAYROLL TAXES REMITTED BY EMPLOYERS FOR THEIR EMPLOYEES.  

IT HAS DECLINED 7-8% FROM THE PREVIOUS YEAR!  

THIS IS ONE STATISTICAL REPORT [REPORTED BY THE NATIONAL BUREAU OF ECONOMIC RESEARCH] THAT CANNOT BE GAMED!  

UNLIKE THE BUREAU OF LABOR STATISTICS WHICH IS CLAIMING LOWER UNEMPLOYMENT AND NET JOB GAINS. 

EMPLOYMENT STATSTICS ARE CONSTANTLY BEING REVISED, UPWARD OR DOWNWARDS RETROACTIVELY AND DO NOT REALLY PROVIDE A CLEAR PICTURE OF ECONOMIC REALITY.

THIS IS ONE STATISTIC THAT CANNOT BE REVISED BECAUSE IT IS ACTUAL…REAL TIME. 

AFTER ALL WHY WOULD ANY COMPANY REMIT MORE WITHHOLDING TAXES FOR EMPLOYEES THAT THEY HAVE NOT ACTUALLY HIRED?

SO WHICH IS IT, MORE EMPLOYMENT OR LESS? 

ALSO IT IS VERY RELEVANT AS TO WHAT TYPE OF JOBS ARE BEING LOST AND  WHAT TYPE ARE BEING CREATED. 

WE CANNOT AND SHOULD NOT HAVE A NATIONS’  EMPLOYMENT ASPIRATIONS SINK TO THE LEVEL OF BARTENDERS, WAITERS AND FAST FOOD DELIVERY DRIVERS AND EXPORT THE SIGNIFICANT, HIGHER PAYING CAREER JOBS OFFSHORE!