Another consideration is the hollowing out of government statisticians and availability of data. Even the massaged nonsense we’ve been fed for years is getting curtailed. Thr economy will be what they say it is. They have optimized to the metrics to make line go up. Reality need not matter to those whose entire wealth is in the markets.
The more that we’re talking through this, the more seriously I’m considering the possibility that the reason BLS data is so divergent from what everyone is saying is because Trump’s DoL is cooking the books.
Truefully, they’ve been cooking the books on these measures since 08. Its just so much more obvious since they have the subtlety of a hammer and all the civil servants who would have helped them do it the normal way left.
Another consideration is the hollowing out of government statisticians and availability of data. Even the massaged nonsense we’ve been fed for years is getting curtailed. Thr economy will be what they say it is. They have optimized to the metrics to make line go up. Reality need not matter to those whose entire wealth is in the markets.
The more that we’re talking through this, the more seriously I’m considering the possibility that the reason BLS data is so divergent from what everyone is saying is because Trump’s DoL is cooking the books.
Truefully, they’ve been cooking the books on these measures since 08. Its just so much more obvious since they have the subtlety of a hammer and all the civil servants who would have helped them do it the normal way left.