More financial fallacy

I doubt that there is any real possibility that our former city manager (who gets paid by the workforce commission) is planning to hire the former chief financial officer of the city to publish a report on our unemployment rate.

One thought is that they could  publish a negative unemployment rate with more people working than there are workers.  Since so many El Pasoans have to work more than one job to make ends meet one could use the formula:

Total number of jobs / Total number of workers

and come up with a number showing more than 100% of our people working.

It’s all good El Paso.

We deserve better

Brutus

 

4 Responses to More financial fallacy

  1. Anonymous says:

    But we are going to pay the guy from Deloitte $170,000 per month to manage Children’s – that is more than $2M per year. What the hell is going on in this town???

    Like

  2. ManintheMoon says:

    Brutus the workforce as always been a scam of the people’s tax dollars. Reyes and it’s board scammed El Paso for years and the local politicians flow air cover. Brutus filing cabinets of operational records disappeared, which even the FBI had no problem with them missing and gave the workforce a pass claiming it was just bad management but through people we talked to the filing cabinets were buried out in the desert.
    Under Wilson it is no different.
    Brutus I filed a complaint with the Inspector General for the department of labor a few years back against the local workforce. There is so much scamming, fraud, waste and abuse in the Texas workforce programs that they have to bundle complaints because they do not have the resources or man power to investigate all complaints. The way the Texas workforce covered the local workforce on our complaint was that they claimed to the Department of Labor they had changed the CEO and board which was a lie. All that was done was the regular change of who was the chair of the board and rebranding of the El Paso workforce name. I still have the box of records which shows fraud, waste and abuse that had taken place and no one in Federal, State or local government would do anything to stop it. It was excepted that this was the way the good buddy workforce program worked. Wilson should fit in nicely at the workforce.

    Like

Leave a Reply -- you do not have to enter your email address

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: