Thursday, January 12, 2017

Pinocchio-in-Chief holds a press conference ...

... in which he complains about the press and then feeds them bullshit.

Washington Post Fact-checker, Glenn Kessler, reports his Fact-checking President-elect Trump’s news conference   He covers 14 of Trump's claims.  Here I will focus on just two instances of Trump telling untruths in order to flatter himself.  

“You saw yesterday Fiat Chrysler; big, big factory going to be built in this country as opposed to another country. Ford just announced that they stopped plans for a billion-dollar plant in Mexico and they’re going to be moving into Michigan and expanding, very substantially, an existing plant.”

Trump claims credit for these announcements, but that’s wrong.

Sergio Marchionne, the Fiat Chrysler chief executive, said the plan had been in the works for more than a year and had nothing to do with Trump; he credited instead talks with the United Auto Workers.

With regards to Ford, analysts say Ford’s decision to expand in Michigan rather than in Mexico has more to do with the company’s long-term goal — particularly, its plans to invest in electric vehicles — than the Trump administration. It’s easier for companies to find highly skilled workers to build new products, such as electric cars, in the United States than in Mexico.

“96 million really wanting a job and they can’t get. You know that story. The real number — that’s the real number.”

This is an absurd Four-Pinocchio claim, based on a real number. The Bureau of Labor Statistics, relying on a monthly survey known as the Current Population Survey (CPS), shows that, as of December 2016, 95.1 million Americans 16 years and older were “not in labor force.”

How is this number developed? Well, there is a civilian noninstitutional population of 253.9 million people, and 159.5 million are in the labor force. The difference yields the 95.1 million figure.

But the unemployment rate is only 4.7 percent because just 7.5 million people actively are looking for a job and cannot find one. They are considered part of the overall labor force. In other words, you have to be seeking a job to be counted in the labor force.

Who are the 95 million not in the labor force? The BLS has data for the year 2015. It turns out that 93 percent do not want a job at all. The picture that emerges from a study of the data shows that the 95 million consists mostly of people who are retired, students, stay-at-home parents or disabled.

Trump is doing a real disservice by claiming 96 million really want a job that “they can’t get.”

Trump has a long history of telling more lies than you can shake a stick Pinocchio at. 

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