Economic News

[superrific]

So basically Trump is politicizing our economic data, now. If this takes hold -- and from what I understand, it's pretty hard to fake these reports but who knows -- it will be very bad for the market, and the economy as a whole.

Powell should give a news conference where he says, "we were thinking about maybe cutting rates in response to the weak jobs numbers, but now that it turns out the books were cooked by a Biden appointee. we're considering raising them instead."

 

[CFordUNC]

Hmmmmm

 

[1moretimeagain]

According to Trump, BLS downward revisions were an effort to help the incumbent party. Today downward revisions are an effort to hurt the incumbent.

 

[CFordUNC]

Lolololololol the fat JD Vance meme will never not split my sides

 

[CFordUNC]

 

[lawtig02]

A $2 bill for anyone willing to defend the firing of the Commissioner of Labor Statistics, which is a nonpartisan role that only looks at the GODDAMN RAW NUMBERS.

I cannot imagine how even the most conservative voter isn't squirming at the incompetence of this administration.

 

[mpaer]

Maybe the new Jobs Data hack can start counting new AI robot jobs
or
Mafia jobs greated by orangeturds crypto scams

 

[nycfan]

 

[336Heel]

A $2 bill for anyone willing to defend the firing of the Commissioner of Labor Statistics, which is a nonpartisan role that only looks at the GODDAMN RAW NUMBERS.

I cannot imagine how even the most conservative voter isn't squirming at the incompetence of this administration.

All the shit they don't bat an eye at and you think they'll squirm over this?

 

[CFordUNC]

 

[CFordUNC]

 

[CFordUNC]

Such a great analogy! I'll have to use it the next time ramrouser comes around trying to tell us about the GOLDEN AGE!

 

[nycfan]

 

[Duke Mu]

And Biden! And Comey!

 

[mpaer]

Today I have slashed Drug prices!!!!!

 

[superrific]

Such a great analogy! I'll have to use it the next time ramrouser comes around trying to tell us about the GOLDEN AGE!

Well, in fairness, Einstein's general relativity is based in part on the postulate that zero g and free fall are locally indistinguishable. And also, gravity isn't really a force. But I take your point.

 

[nycfan]

Today I have slashed Drug prices!!!!!

There is more pressure for the Trump Admin deadline of Sept 29 than you might think. Medicare recipients will discover starting October 1 when they go to annual Medicare sign up that their Medicare Part D drug coverage premium will cost significantly more and potentially cover less due to changes implemented by OBBB.

 

[BlueSmoke]

Crazy firing the stat person. I suppose everyone will know the true stats when they don't have a job.

 

[Wheels81]

So, going forward all of the economic data will be glowingly positive so it doesn’t piss off Dear Leader.

 

[farce©]

So, going forward all of the economic data will be glowingly positive so it doesn’t piss off Dear Leader.

That’s the message the next BLS Commissioner will get