| ▲ | BartjeD 6 days ago |
| And this is after they massaged the numbers, to avoid getting fired? |
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| ▲ | mhh__ 6 days ago | parent | next [-] |
| Now we only get to hear if inflation is "Aladeen" or "Aladeen" |
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| ▲ | 6 days ago | parent | next [-] | | [deleted] | |
| ▲ | qzw 6 days ago | parent | prev [-] | | Employment aladeen, inflation aladeen. Chances of stagflation looking very aladeen indeed. | | |
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| ▲ | ferguess_k 6 days ago | parent | prev | next [-] |
| I think it's more like "No Sir we won't be able to lower the rate right now, look at this number" moment. |
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| ▲ | the_real_cher 6 days ago | parent | prev | next [-] |
| Inflation too high? Straight to jail. Inflation to low? Believe it or not, straight to jail. |
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| ▲ | motbus3 6 days ago | parent | prev | next [-] |
| More like the Epstein Massage |
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| ▲ | pm90 6 days ago | parent | prev | next [-] |
| I don't think any existing numbers were officially changed, just that the head of BLS was fired. |
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| ▲ | outside1234 6 days ago | parent | next [-] | | Yes, for THAT head of the BLS. It is super clear to the next head of the BLS that they deliver the number the president likes or they will be fired. So, just like in Venezuela, that number will be delivered. | | |
| ▲ | JKCalhoun 6 days ago | parent | next [-] | | Picturing a future political cartoon of hobo-looking guys sitting around a winter fire burning in an old oil drum — one guy is holding up a newspaper (wut?) and saying to the rest, "Hey guys, it's fine because it says here that the employment numbers reported are the best ever!" | | | |
| ▲ | whimsicalism 6 days ago | parent | prev [-] | | wanna bet? i will take a bet that inflation will not return to normal (ie. sub 2.1) in the next report | | |
| ▲ | outside1234 6 days ago | parent | next [-] | | Sure it will. BLS guy will publish that number regardless. That said, I also think there is a good chance of that because we will be in a recession by then from the tariffs. | |
| ▲ | Supermancho 6 days ago | parent | prev [-] | | Indeed, a gentleman's bet. |
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| ▲ | hiddencost 6 days ago | parent | prev [-] | | They fired the head of the BLS because they didn't like the numbers. Explicitly. You kinda have to conclude they're going to cook the books. Like they're doing everywhere else. | | |
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| ▲ | diego_moita 6 days ago | parent | prev [-] |
| In the end, it won't matter. Only economists, policy makers, investors and people blabbing on the internet do care about stats. Ordinary people just look at price tags; that's all they need. |
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| ▲ | outside1234 6 days ago | parent | next [-] | | The challenge with that idea is that investors and business people depend on these numbers being solid for investment decisions like "building a new factory" or "investing in GPUs." Without solid numbers I wouldn't be surprised to see a shift to "assuming the worst case" and much more conservative and lower investment. | |
| ▲ | tomrod 6 days ago | parent | prev | next [-] | | I fall into all four categories, which identity am I allowed to require that we not kill our economy with inflation? | |
| ▲ | 6 days ago | parent | prev | next [-] | | [deleted] | |
| ▲ | bobbylarrybobby 6 days ago | parent | prev [-] | | It's nice to have agreed-upon, citable facts though, even if only so that voters know who's full of crap during a debate. When the next R candidate says that Trump handled inflation beautifully, it's important to be able to point to an authoritative source that shows that that claim is BS. | | |
| ▲ | dpkirchner 6 days ago | parent | next [-] | | The majority of R voters don't care about authoritative sources. In fact, authority when it comes to information is a negative in their view, based on all available evidence (ie elections over the past few decades). We're well past the point that debates matter. | | |
| ▲ | ethbr1 6 days ago | parent | next [-] | | > The majority of R voters don't care about authoritative sources. Hence the joke: https://m.youtube.com/watch?v=2X93u3anTco&t=98s | |
| ▲ | AnimalMuppet 6 days ago | parent | prev | next [-] | | Debates may not matter to R voters. There are enough independent voters to matter, though. | |
| ▲ | _DeadFred_ 6 days ago | parent | prev [-] | | R voters say you can't trust mainstream media and then cheer when this administration fills it's ranks with mainstream media people from FOX, including the head of defense, top D.C. Prosecutors, etc. |
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| ▲ | diego_moita 6 days ago | parent | prev [-] | | Yes, it *would be* nice to have well-informed voters and intelligent and well-argued discussions. But we'll never live in a place like that. We're stuck in the Facebook/Twitter/WhatsApp world. Democracy is a circus managed by the monkey cage. | | |
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