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Horrible Jobs Report

Avatar for dustyj
dustyjMinnesota

Trump fired the person who put out the statistics for the jobs report. It's hard to get accurate info if Trump fires everyone that puts out economic data that shows what a failure he is. People will be afraid to put out accurate data for fear of being fired. Trump once again just wants to lie and pretend that he's succeeding at things that he's clearly failing at.

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Avatar for jaybud999
jaybud999

Dustyj, there HAS to be more to it, this person (Dr. Erika McEntarfer) was appointed by Biden and manipulated data (per Trump on "Truth" social).

In the words of the great gumaman, if Trump says it was manipulated, then it is irrefutable.

I look forward to seeing the raw data and how it was manipulated, thus justifying the termination of Dr. McEntarfer.

RAGS, let me know what you find with your sources, as I only look at liberal, main stream media like a fucking idiot.

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Avatar for twentyfive
twentyfive

Who cares, he lets all go on vacation for three and a half more years!

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Avatar for JamesSD
JamesSD

This was the strategy during Covid, especially for Florida under Desantis. Covid isn't a problem if you don't track the deaths!

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Avatar for ilbbaicnl
ilbbaicnl

God only knows how the Fed will react to not getting objective economic data. Maybe they are legally bound to accept Federal Government numbers, or simply have no viable alternative. Ironically, if they accept goosed employment numbers from Trump, that will reduce the chances that they will cut the Fed Funds interest rate.

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Avatar for Puddy Tat
Puddy Tat

LIB COPE SQUAD IN THE HIZZZOUSE!!!
Members Juvenilus Unhumorous and Basketballus Micropenis representing.
Unemployment still sits at 4.2%, Democrats fete this as better than full employment (5%) when they're in charge.

Meanwhile, in the real world, my net worth just hit a new all-time high on the strength of the stock market alone and a couple smart moves. If you're fucking up this economy, that's on you!

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Avatar for jaybud999
jaybud999

Yeah, great that you are planning successfully for retirement Puddy. Sounds great, me to.

I'm going to pivot from the OP, and ask what do you think of the Federal Reserve as an institution? Where are you on the spectrum? If you feel it should be abolished, then the conversation is closed. But if you do find value in the Fed, do you think it's helpful for ANY administration....or in this case a President, to fire off this hard at what's supposed to be an independent institution? Or maybe you feel the fed is being partisan?

I'm fascinated by Trump attempting to get Powell to budge on interest rates through public verbal tirades on what he thinks should be done. Like he's an intellectual equal to Powell (in economic matters) on interest rates.

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Avatar for shailynn
shailynn

I wish I could fire everyone that brings me bad news!

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Avatar for Icey
Icey

Its only going to get worse. People with jobs cant afford much. I cant imagine being unemployed right now

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Avatar for mike710
mike710

Faking job numbers helped back the FED not lowering interest rates. It seems some people still have reasons they want the economy to fail.

investopedia.com

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