Who are these “experts” who keep getting monthly job numbers wrong? Once again the “experts” have been surprised by job creation data that didn’t go the way they thought it would. According to reports our “experts” expected to see a net increase in September’s job numbers. Somewhere around 24,000 jobs created. But oh no, the actual numbers came in negative; 39,000 jobs lost.

This trend has been going on for a couple of years now. Officially things are supposed to be getting better, but when the actual data comes in it’s obvious things are getting worse. On top of that, when you look at the quietly issued “revised” data, it’s even worse. And our main stream U.S. media keeps towing the official line.

As a result of today’s jobs numbers, the big money players are hoping the Federal Reserve will ease up even more on monetary policy. Basically the big money players want the Federal Reserve to lend them money for free, while we continue paying outrageous interest rates to the big money players.

The International Monetary Fund even downgraded the anticipated growth of the U.S. economy. Why? Domestic consumer spending is going to continue to drop. Why? Significant domestic job creation is not happening. The IMF pointed out that there was a continuous difference in projected economic activity and actual economic activity. In other words, our “experts” keep getting it wrong.

Also, for the first time I’ve ever heard, Canada’s economy is now better off than ours. The IMF’s exact phrase is “relatively buoyant”, compared to the U.S.

Well, what-a-know. Canada!