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As expected, the U.S. government has released the “official” job-loss numbers for March – and they have absolutely no connection to the real world.

The U.S. government claims there were only 663,000 jobs lost in March. During the same month, official lay-offs totaled 3 MILLION lost jobs. The 3 million lay-offs is clearly an accurate number, as the weekly numbers are still being revised higher.

In other words, there were a minimum of 3 million lay-offs in March. Total job losses equal layoffs, minus new positions created:

3,000,000 - ____________ = 663,000

The “blank” must be equal to new jobs created in March. Yet, when the U.S. economy was much stronger it was only creating about 1 million new positions. With the entire economy having collapsed, there could have been no more than ½ million new positions.

This means the minimum, plausible number for March would have been close to 2.5 million jobs lost – and the real number could easily be higher.

In the fantasy-world of the manipulated U.S. equity markets, futures are up because while the official job losses were more than “expected”, they were less than was “feared”.

As you see weekly U.S. lay-off numbers in the 600,000's or 700,000's, or 800,000's remember these numbers. Don't allow yourself to be one of the victims deceived by U.S. government lies.

Furthermore, the policies being enacted to deal with this economic crisis are based on their fantasy job numbers. If the U.S. government had told the truth: that well over 2 MILLION jobs were lost in March, the puny “stimulus” package of the Obama regime would be seen as the pathetic joke that it is.

The downward spiral of foreclosures, job losses, bankruptcies, and defaults is all feeding on each other – and intensifying. To stop a vicious circle like this would require an IMMENSE spending package to counter the increasing velocity of this economic crash.

Instead, we have the Obama regime injecting only $260 billion – to counter $2 TRILLION per year in lost spending, in an economy which is totally dependent on consumer spending. Given this reality, it's no surprise that the U.S. economy is losing over 2 million jobs per month.

However, with the U.S. economy, every day is “April Fool's Day”.

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