Jump to content

Recommended Posts

  • LGR4GM changed the title to Trump fires head of Labor Statistics
Posted

The key takeaway for me is.. what was the mistake and how was it made?  This report isn't a new thing.

But then I think we all know the report has no consistent algorithm that reduces or eliminates the ability to inject bias into it.

Trump's response is typical. He continues to demonstrate his childish name calling.  It does however amuse me when people resort to the same tactic when criticizing Trump.

As far as I am concerned the economy is on a bubble, but no one can quite figure out when it will burst or if it will just subside with a slow leak.

  • dislike 1
Posted
1 hour ago, LTS said:

The key takeaway for me is.. what was the mistake and how was it made?  This report isn't a new thing.

But then I think we all know the report has no consistent algorithm that reduces or eliminates the ability to inject bias into it.

Trump's response is typical. He continues to demonstrate his childish name calling.  It does however amuse me when people resort to the same tactic when criticizing Trump.

As far as I am concerned the economy is on a bubble, but no one can quite figure out when it will burst or if it will just subside with a slow leak.

That's your key takeaway? 

If You Say So Wow GIF by Identity

Posted
On 8/1/2025 at 6:57 PM, K-9 said:

Jobs reports are ALWAYS adusted up or down after a month or so. ALWAYS. 

That only makes it less useful.  Data is data.

On 8/1/2025 at 7:15 PM, LGR4GM said:

That's your key takeaway? 

If You Say So Wow GIF by Identity

It is. Thanks for your reply. I see how it really helps the conversation here.

  • dislike 1
Posted (edited)
On 8/2/2025 at 5:13 PM, Hank said:

Trumps timing on this is horrible, he should have fired her in January. 

 

On 8/2/2025 at 7:34 PM, K-9 said:

Why? 

She didn't bend the knee to the king and friend of Epstein, Donny Boy.

1 hour ago, LTS said:

That only makes it less useful.  Data is data.

It is. Thanks for your reply. I see how it really helps the conversation here.

Vine Ok GIF

Edited by LGR4GM
Posted
17 hours ago, LTS said:

That only makes it less useful.  Data is data.

The jobs report is a good tool nonetheless as it is a good gauge for indicating either headwinds or tailwinds relative to the economy and how that may impact lenders, employers, etc. Perhaps if the CES were mandatory on a federal level, the lags we see in the reporting data would be lessened, but since it relies on over 600,000 businesses and agencies nationwide to voluntarily contribute to the survey, it is inevitable that those businesses and agencies that participate may not have all the pertinent data by the first of every month. It’s a good thing that when all the data does arrive, the numbers can be adjusted to get a more detailed picture for previous months. I think it’s worth noting that individual states also conduct these surveys and they dovetail the stats compiled on the federal level as well. 

I can’t agree that data is simply data as different data depends on a myriad of different factors that go into its compilation and analysis. 

We can all agree that we don’t need a president accusing the USBLS of just making up the numbers and cooking the books. Which is exactly what would happen with a blind loyalist in charge. But it’s impossible to do, anyway, so the real worry would be those far right media outlets who don’t question anything he does, and gleefully report his made up crap, anyway. 

Posted (edited)

This is what Chinese state media looks like. 

Everything is great, look over here.

 

I know some of you just want to be told what is cozy and comfy and not care about the truth. 

Edited by Demoted
  • Eyeroll 1
Posted (edited)

Texas redistricting is just more control over the voting ability of the people of America. Losing your ability to actually effect an outcome as a voter effects everyone and it wont help the American people. 

Edited by Demoted
×
×
  • Create New...