▲ | mperham 2 days ago | ||||||||||||||||||||||
I will point out that our labor data can no longer be trusted as the organization is no longer politically neutral. Pushing the jobs record down means more blame for Biden and a much lower bar for Trump to meet in order to "improve" future jobs numbers. > Trump ordered McEntarfer's removal on August 1 after data showed a surprise weakening in the U.S. labor market last month. The BLS employment report revealed meaningful revisions to job figures for the prior two months that raised investor worries that the Federal Reserve may need to play catch-up with interest rate cuts. https://www.reuters.com/business/inflation-data-draw-scrutin... | |||||||||||||||||||||||
▲ | NotMichaelBay 2 days ago | parent [-] | ||||||||||||||||||||||
Agreed, the Trump administration is _heavily_ leaning on this as evidence to support their argument that "Biden's economy" was a "disaster": > Today, the BLS released the largest downward revision on record proving that President Trump was right: Biden’s economy was a disaster and the BLS is broken. > The benchmark revisions make clear the economy President Trump inherited was even weaker than we thought. https://www.whitehouse.gov/articles/2025/09/bls-revisions-sh... | |||||||||||||||||||||||
|