The Ten Companies That Have Cut The Most USA Jobs In 2016

[Rx_]

Spoiler Alert: News may counter official "party-line".

Citizens that repeat "un-official news" are openly called "fiction peddlers" by top elected officials on TV.

Official: In the US, the economy is in fact recovering well, unemployment is the lowest in history, and incomes are rising.
Listed are some recent news stories by the "fiction peddlers" so we can identify them.
The Ten USA Companies That Have Cut The Most Jobs In 2016

http://www.zerohedge.com/news/2016-05-23/these-are-ten-companies-have-cut-most-jobs-2016
Here are the top ten "fiction peddlers" as President Obama's call those who don't agree with his economic employment statements.
Be Official! The first causality is The Truth.

Hey Dude! Your getting a Dell (pink slip that is)

Related news:
US Manufacturing PMI Collapses To 2009 Lows (As Fed Readies Rate Hike?)

http://www.zerohedge.com/news/2016-...pmi-collapses-2009-lows-fed-readies-rate-hike
Despite 8 years of the Federal Reserve printing huge amounts of money for the wealthy, nothing changed.... except national, personal and corporate debt are bigger. So now, its time to raise the interest on that debt.

A few more facts about US Economic conditions
The USA is now in month 83 of this so-called recovery
There are 45 Million people on food stamps (1/7 Americans)
Median real household income is still 5% below fall 2007 levels
Real full-time, full-pay "breadwinner" jobs are down to 71 million or about 2 million fewer than when President Clinton left office
90 straight months of historic monetary stimulus at virtually 0%
The Federal Reserve's balance sheet is $3,500,000,000 or 400% higher than ALL the bond-buying during the entire first 94 years of the Fed's history!

Companies 'drowning in debt' despite almost $2,000,000,000 in cash: Total Debt in over 2,000 non-financial companies swelled to $6.6 trillion in 2015. The ratio of cash is now the lowest it has been in 10 years according to a CNBC story last week.

Sometimes I wonder whether the world is being run by smart people who are putting us on, or by imbeciles who really mean it… Mark Twain, American humorist

 

[The_Doc_Man]

Sad to say it, but given that the average voter ignores real issues and tends to vote party-line all the way, I would have to answer Mark Twain's question this way:

When the voters who put people in office are imbeciles, what kind of people do you think they put in office?

 

[Rx_]

While it isn't a Total Layoff - loosing full-time benefited jobs to become part-time with no benefits does qualify as a "layoff". At least to those affected by it The Mainstream US Government officials proudly strut it as a huge success. Yes, they really are that heartless.

Market Watch just published a chart that showed Obamacare resulted in Involuntary part-time employment.
The Affordable Care Act’s employer mandate has led to a rise in involuntary part-time employment, according to a Goldman Sachs study released Wednesday.
The ACA required that companies with 50 to 99 full-time workers have health coverage plans in place by the start of this year.
Goldman Sachs only surveyed a tiny fraction of companies so think it was only the modest number of companies they surveyed and are reluctant to envision that this could possibly be a national trend.

Here is how it works: Give most employees the option of a layoff or part-time with no benefits. Employee gets 2nd part-time job. US Job numbers count all jobs as a job, regardless of part-time with no benefits or full time with benefits.
Job numbers rise... President Obama is bragging about how many jobs he "created ". Yes, this is in fact why we blame him for the economy getting worse.
When a former full-time employee takes two or three part-time jobs, the Dept Of Labor counts each job, not the person. So, these are reported as New Jobs.

Proof again, if you don't listen to the government's "official numbers" then you are uninformed. If you do listen then you are misinformed. When they are proud of these numbers, you are more depressed.

http://www.marketwatch.com/story/ob...ime-employment-goldman-sachs-finds-2016-06-08