Trump says the BLS is rigged. The fired chief blames DOGE. Which is it? 
The Wall Street Journal reports Fired BLS Chief Breaks Silence, Calls Her Dismissal a ‘Dangerous Step’
Erika McEntarfer was fired Aug. 1 from the Bureau of Labor Statistics after Trump complained about massive downward revisions to the number of jobs created during the spring. The president accused her of manipulating the data to make him look bad, which economists have refuted.
McEntarfer pointed to what she called “not a good list” of other countries where statisticians have been pushed out over disappointing statistics, including Argentina, Greece and Turkey.
“The resulting loss of trust in economic statistics led these countries to worsening economic crises, higher inflation and higher borrowing costs,” she said.
While speaking to students at her alma mater, Bard College, McEntarfer said she took the helm of BLS last year with high hopes of improving the stats on employment and inflation that the agency produces. Instead, she wound up spending much of 2025 guarding it against interference from Elon Musk’s Department of Government Efficiency, or DOGE, team.
“I went from big-picture reformer to being on the defensive pretty quickly,” McEntarfer said. “We navigated more crises in a week than you see in a year in normal times.” Keeping the agency operational turned into “a constant high-wire act,” she added.
When he fired her, the president said that McEntarfer had led an effort to falsify economic statistics and hurt him politically, a charge that former BLS officials from both parties have dismissed as impossible.
McEntarfer acknowledged that during her 18-month tenure, the BLS faced challenges that had been building for years, including tight budgets, staffing shortages and fewer responses to the massive economic surveys upon which much of its reporting is based. Since January, the BLS’s staff has shrunk by 20%, fallout from a hiring freeze that has stalled onboarding across the federal government, she said.
Critics of the agency, which produces the unemployment rate, the consumer-price index, and other stats that investors and businesses rely on monthly, have argued that it is overly reliant on 20th-century techniques. The BLS mostly uses phone calls to ask people about their job status and sends workers to check prices on store shelves manually.
McEntarfer, who spent most of her career working to improve statistics quality at the Census Bureau, said she had been aiming to tackle those problems as BLS commissioner before she was fired.
“I was prepared to help BLS modernize data collection,” she said.
Falsifying Data Charge
Trump says the data was rigged. The charge is preposterous.
Dozens of BLS workers gather the data, and every one of them would need to be in on the conspiracy.
The odds of that happening, with no one squawking is zero.
Modernization Needed
Without a doubt BLS techniques need a complete overhaul.
Serious flaws include the Birth-Death model, sampling errors, and QCEW numbers that should be seasonally adjusted but aren’t.
Since January, the BLS’s staff has shrunk by 20 percent thanks to DOGE.
How likely is modernization when it takes more staff than the BLS has just to handle the mess the BLS is already in?
Once again, the answer is zero.
One can make a case that government should not be involved in this at all. If so, then fire them all and be done with it.
But if you expect government to modernize, it’s not going to happen by cutting staff while already understaffed.
Beyond Modernization
What ails the BLS goes far beyond modernization. It’s no good to modernize the collection of nonsense. More timely garbage is still garbage.
Some of the unemployment issues are well understood.
The Consumer Price Index (CPI) is an even bigger mess because most economists are clueless about what it should measure.
With the CPI, we need to start over. What we really need is an Inflation Index (II) because inflation matters, not just consumer inflation.
I have been meaning to write up specific proposals for both. I will get to my BLS overhaul suggestions next week.
Fired for Being the Messenger
On August 2, I asked Did Trump Fire the BLS Head for Cause, Being the Messenger, or Something Else?
“The process of obtaining the numbers is decentralized by design to avoid opportunities for interference.”
The answer of course is being the messenger.
BLS Chief New Job Requirement
On August 5, I noted the BLS Chief New Job Requirement, Be a Trump Loyalist, the Pay Is $195,000
Hoot of the Day
Trump says the economy is doing fine and the job weakness is rigged.
But if the weakness is rigged, then what’s the case for a Fed rate cut?
The crying baby wants it both ways. Jobs are rigged by the BLS to look weak, but they are really strong. Yet, too-late Powell should be cutting. What a hoot.
How many caught this bit of hypocritical nonsense?
The huge errors began in 2024, as shown by the huge downward revisions a year ago which triggered the Fed’s prior cut.
There are many issues but the single most important one is that the birth-death model never knows about economic turning points. The birth-death model is worse than useless, because it gets things horribly wrong just when we most need to know what’s going on.
So… they could eliminate use of the birth-death model and just report what they actually know from observation. The markets would face greater uncertainty, but that would be much better than a false sense of security.
Next, the staff currently doing work related to the birth-death model could be replaced with a new team dedicated to modernizing the data collection methods. This requires no increase in budget.
So no funding increases are required, just recognition of what’s obviously broken and should have been abandoned decades ago.
P.S. Back in 2007-2008 the birth-death model also utterly failed to capture the emerging recession, and all the other emerging flaws in the data collection approach were obvious. All of this should have been fixed by 2010, but here we are.
Why does BLS need a staff of 2,100 employees with that kind of poor track record?
Has the bureau become a jobs program?
The BLS does nonfarm payrolls, establishment payrolls, CPI, PPI, productivity, working conditions, wage analysis and I bet I am missing many things.
How many do you think this takes?
But as I said, fire them all. The census department too.
But if I had a preference, I would rather get rid of the entire department of education, the FHA, Fannie, Freddie, etc.
At least the BLS does a service. The things I mentioned have no benefit at all.
Some of the BLS work is valuable, but where they are delivering mis-information that is a dis-service, a net negative because it leads to malinvestment and wasted effort across the economy.
That cost is much higher than simply the cost of the workers.
Then again, mis-education has costs too, as does the corruption of having the government involved in mortgages in any way…
I don’t know how you’re defining “mis-information” but most clients I consult for use BLS data alot. Of course, it’s not perfect, but none of my clients would use only BLS data for specific investment – or “malinvestment” decisions. I hope no one is buying calls or puts on specific stocks based upon one BLS report (that we all know will face revision), much less invest in a new building or assembly line.
And if there was an easy solution and better statistics, the ‘market’ would have already found them (for profit). None of my clients use ADP as it is from a very small sample and has its own methodological issues (they also estimate and don’t quote only ‘actual’ data). One client uses S&P Global analyses. I think they are good, but I don’t expect them to nail a recession date-wise either (as you seem to expect from the BLS).
This economy is a huge boat with 340 million passengers. And these are ‘working passengers’ who row (earn and spend) money to move the boat. If a large number move in the ‘wrong’ direction, the boat doesn’t go where you planned. That’s not because the recent BLS is bad at its job necessarily.
I’m not talking about stock trades based on a single report. I’m talking about trillion-dollar capital allocation errors at all levels of the economy based on persistent systematic problems with the economic data.
It is misinformation to claim that “150,000 jobs were added per month” (for 18 months running…) when all of those jobs are from a birth-death model that turns out to have been completely wrong, resulting in repeated complete restatements of the data. It’s misinformation because it’s well known that the birth-death model assumes the future will be like the recent past, and thus misses the changes in the economy that actually matter. The economists know (or ought to know) that the data isn’t as reliable as the reports claim it to be. If they had the professional integrity of, say, engineers, they would put out much more cautious reports and also push back strongly on any media reports that overstate the level of certainty in the data.
The kinds of investment I am talking about here are not stock trades. Capital allocation errors take place at all levels of the economy, ranging from big commercial projects – do we build or not build this new line of production, how much do we need to produce etc. – but also major personal decisions like “should I take this new job”, “is this a reasonable time to buy this house”, “am I going to be able to financially support another child”. The dot-com bust and the housing bust are classic examples where the birth-death model led many many investors to overbuild long after they should have gotten cautious.
I agree that no one should rely on the BLS estimates, and I’m always glad to hear that some do not, but to the extend that BLS pretends their data is more reliable than it is, that is absolutely a dis-service to everyone making decisions about the likely future path of the economy.
You started to have me until you wrote “The dot-com bust and the housing bust are classic examples where the birth-death model led many many investors to overbuild long after they should have gotten cautious.”
The dot-com and housing bust were almost 100% about people chasing (without any serious methodological financial reasoning) and driving up the prices of individual stocks and houses – through mass psychology – contrary to your view your initial claim was not about stock trades.
In the big scheme of US capital investment during these periods, the amount of ‘new and bigger’ investment in actual dot-com operations and housing units was small. And certainly the birth-death model did NOT lead these CEOs to invest more within such companies. You may not work with such companies and so don’t know, but that is not the process for how the vast majority make actual physical investment decisions.
And the BLS provides massive amount of documentation (https://www.bls.gov/cps/methods-overview.htm) about how they collect the data – and its limitations – for estimation purposes for a country of 340 million people monthly. This is NOT analogous to an engineer providing statistical certainty about the capacity of a certain physical building to hold up a specific number of occupants safely.
Maybe she misspoke. Maybe it wasn’t DOGE and Musk, but was Bessent that was in error or not working within the law.
Cause now it appears that he made some errors on his mortgage claims, too, very similar to Cook’s ‘crimes’:
https://www.reuters.com/business/finance/us-treasurys-bessent-made-contradictory-mortgage-pledges-bloomberg-reports-2025-09-17/
It’s so difficult to know nowadays who’s the good guy vs. the bad guy /s
This is America. Everyone knows who the bad guys are. The people in the other party!
Garbage in Garbage out. If you collect poor data you won’t get good results. The Establishment survey never seems to correlate well with the household survey and the Birth Death model is just guesswork. There must be better sources of payroll data, like ADP. They need to change their methodology.
Gravity between US10Y and the German 10Y pulls them together. Gravity between France and Germany pulls them together. France is in financial troubles. The spread between the French 10Y and the German 10Y is rising. France pulls Germany up. If the Fed cuts the yield curve might steepen due to higher German rates. It will show a black swan in the EU. JP might stop QT bc the o/n market needs good collateral:
US treasuries and MBS.
In my lifetime, this is the worst 1-month, 3-month, and 6-month start of a presidency. Much worse than his first term, which seemed quite unremarkable to me policy-wise. Mostly “more of the same” from D.C. but with much more noise.
Vote with your feet, while you can.
Not sure where to put my money. I should buy a few acres to farm. But nearly my money is stuck in the tax-deferred casino.
…
God, I miss Carter — the last POTIS I would call “a decent man”.
AI Overview
AI Overview
BLS surveys are often voluntary because their accuracy relies on the willing cooperation of individuals and businesses, and the government trusts that most people want to contribute to public good by providing reliable economic and social data. While federal law may authorize surveys, it doesn’t always mandate participation, and the voluntary approach helps foster good relationships with respondents and maintain their willingness to participate in future surveys. However, some BLS surveys are mandatory by law, particularly those for OSHA such as the Survey of Occupational Injuries and Illnesses…
So to fix it, congress has to pass a law requiring businesses to answer the surveys in a timely manner or face fines and jail time. Lol.
This is an example of what happens when you don’t have a valid profit/loss signal from the market. The government collecta tax money to produce garbage data that nobody believes. If the government was instead a private concern and had to earn funds through voluntary exchange with people willing to exchange their money for the reports, they would have had to overhaul their methods or else they’d have gone out of business long ago because nobody would voluntarily exchange money for garbage reports, and/or their competition would have out-competed them and taken their market share.
The BLS has a budget of $700 million and 3,000 employees. That should be sufficient to collect the data you need if you use modern means of collecting and AI. There are private companies that do close to the same thing with budgets nowhere near what the BLS has and headcounts magnitudes of times lower.
Housing crash ahead ..
https://www.dailymail.co.uk/real-estate/article-15086063/biggest-metros-flashing-grave-warning-house-price-crash-next.html
“Fired BLS Chief Blames DOGE for Errors. Is This Plausible?”
No. The majority of the errors were while “Joe Biden” was in office.
There are three possibilities.
1) The BLS was falsifying the data to make “Joe Biden” look good. Since everyone from the Fed to mom&pop businesses use that data to make rather important decisions the BLS employees need to be fired and jailed for fraud.
2) The BLS employees are simply incompetent and need to be fired.
3) The problem is not the BLS employees but the data collection system which is obsolete for the modern economy. In that case BLS needs to figure what will work and Congress needs to pass a bill removing the dual mandate from the Fed as basing decisions on bad employment data is obviously doomed to fail.
Mish will cont to please Trump haters until his lawyers will charge him $250,000 to
defend him from Trump lawsuit. Will u guys, Trump haters, donate to Mish defense.
Hilarious. It’s even possible Clarence Thomas and Sam Alito would rule against Trump.
trump is a litigious pussy.
Mish has a better chance of being attacked by a jackrabbit during his hikes than that happening.
This post is illustrative of two key points:
1. If you’ve been alive for at least a couple of decades, you’ve come to understand that city, county, state, and federal government can’t do much of anything right. Why? It’s a monopoly and when you exist in a monopoly, there is zero incentive to do anything better. Overhauling any system within government is a monumental task when you consider all the legal regulatory requirements built in to almost everything government does as a function. We live in the digital age, there are companies that have all this information electronically, if anyone in government really wanted to fix this they could do it in a few months with coding.
2. The idea that Trump or anyone else for that matter was ever going to magically fix anything was a pipe dream. There is no savior and no one is going to save you, GET THAT THROUGH YOUR THICK SKULLS sheeple. Only YOU can take care of YOU. Here’s your program for improving your life.
Step 1. – Improve your self and own standing as best you can. Plenty of resources on the internet and AI to help you figure that out.
Step 2. – After you take care of YOU, take care of your family. Your spouse, kids should be first priority.
Step 3. – After you take care of your immediate family, if possible help out extended family then dear friends. This is about the limit of the number of people you can help because beyond this you won’t know what their wants/needs and circumstances require.
Step 4. – Go to step 1 and repeat.
That’s it. Notice there isn’t any step that involves wasting time voting for idiots that over promise and under deliver. Notice that whichever idiot is elected, never really fixes anything, if anything things get worse like $40 trillion in debt and additional taxes called “tariffs” and soaring inflation and bad policy decisions.
Some clowns were asking for simple child-like solutions to complex problems in earlier posts, the answer to most of those problems is THE FREE MARKET. Trump’s communism or democrat’s socialism won’t fix a damn thing and if you have a functioning brain and are intellectually honest with yourself you know it’s all true.
Now I took a short break from my month long sailing the world paid for by my massive profits to bring you this important message.
Get out there and save yourself because no one is going to do it for you.
Papa MPO45: when SPX was down 1,300 pts I made money. When it was up 1,700 pts I made money. I took care of my family and saved them.
We ALL know that the data is rigged so getting rid of riggers never breaks the hearts of doubters. So, Mish, you are preaching to a choir of readers who WANT change and Trump brings CHANGE YOU CAN COUNT ON, but in a perverse way.
All of this fits the inane world that surrounds us. It ALL looks like a giant bomb and Trump will not be afraid to burn it all down.
We are witnesses to the 4th Turning…the current one. It HAS to happen because history says so.
It is not easy being alive today but alive we shall remain and the only thing to do is be VERY AWARE of your surroundings.
When my wife and I shop, my head is on a proverbial swivel.
I am looking for outlaws. You know, two suspicious-looking characters sitting in a beat-up Pickup…..
I stare RIGHT AT THEM and walk tall. I also am ready but nervous…but ready.
The country can count on changes for the worse. Agreed.
Got concealed carry permit?
You’re ok with “burning it all down” but then you’re nervous about a couple of guys in a pickup truck?
Realize “burning it all down” will result in a situation like Mexico where territories are controlled by cartels. Then you’ll have to worry about 20 guys in pickup trucks with machine guns. At that point you’ll be reminiscing back when things were nice and how silly it was that you were fearful of two guys waiting for their coworker to come out of Home Depot.
It’s not like those guys don’t exist here now even, they’re just not going to politely sit out in a truck and lock eyes with you lol. You’ve got to come out of your house to work sometime, and those types are very patient.
This is what you get with baby boomers like David though, they talk a lot of shit for a guy I’m willing to bet money is in his forties at best. He’s big Billy badass who thinks he’s got eyes where he doesn’t because he lives in a country safe enough where you can say stupid shit like this and not get killed by the local narcos.
They were undercover ICE. If they had been true gang members your steely stare would not have intimidated them.
Very good post Mish, I look forward to reading your suggestions. I have little hope they will be considered. As long as government continues to put out garbage, timely or not, government continues to lose credibility, a situation that is much more serious than most believe as that credibility is what backs our currency and ability to do business on an international scale.
Dave, I never fall for the idea that my Government is here to protect me. I look to protect myself and YES: That is getting more and more difficult to do. I have lived through the big turnings in the last 70 plus years: Viet Nam, Financial Melt-downs and so on.
We just live more and more remotely now.
“I was prepared to help BLS modernize data collection”
What a cop-out. She was on the job for almost a year before DOGE arrived on the scene. The key word here is “prepared”. In other words, it was on her to-do list but she hadn’t put ANYTHING meaningful in motion to change the BLS’ processes. If she had, then she would have listed them out.
We can all agree that pushing Cook out for lying on a mortgage application is kind of shady, since it’s such a common thing. While I’m not condoning a Fed Governor from doing so, conversely it’s obvious that the BLS is broken. When such important governmental departments are broken, heads are supposed to role. It’s called accountability. And this massive disconnect was made 10x worse, because NOBODY under Biden’s watch was held accountable.
Did DOGE make every department’s job harder by reducing headcount? Sure. That’s a reasonable point of view. But it’s obvious that she really didn’t have a plan or great desire to change things. It’s called status quo for a reason, and these revisions give some credence to Trump’s statement that the data was rigged. And it’s not a stretch to say these bad processes were allowed to stay in place for political reasons. Again, that’s a reasonable statement.
The part I don’t like, as usual, is Trump making it about him. Again, we can all agree TACO is a narcissists. Fortunately, he goes away in a little over three years.
You have posted a very balanced perspective. NO ONE can do ANYTHING…no one. We have arrived at the PAY-BACK STAGE in America and the WORLD will want us all gone.
We have definitely gone back in time where accountability ruled.
Not sure about the last statement, but you seem to be an avowed Trump hater which is fine. It’s your opinion, yet we can agree that Trump certainly could be handling our partner relationships better. Calling for the takeover of CA & Greenland is just plain stupid.
But that’s TACO.
Most boomers were born between 1958 and 1961. Add 65 years: 1958 + 65= 2023,
1961 + 65 = 2026. Most boomers are out. To that count add the front end of gen X.
Zoomers and new immigrants replaced them. New immigrants and their employers will never answer gov entities phone calls, bc they fear Ice. The labor force might be larger than BLS knows. The participation rate is higher. They consume more, pay payroll and sale taxes. Consumption is up bc of them.
Immigrants don’t have time to work for employers. Do you have any idea just how much time it takes to find, stalk and rape white women? It is a full time job. Not to mention sneaking across the border with drugs. The idea that these people could be doing anything productive is absurd! The President is in the know. Just ask him!
Don’t forget all the work they have to do to collect the dogs for their tribal feasts! Between that and worshipping their “Jesus Christo” (clearly some kind of pagan diety), it’s impossible to imagine them doing something like propping our economy up.
Good post. I would also add that these firings of Trump do not just allow Trump to appoint a loyalist, the firings send a message to other government employees that they need to play his game or lose their job.
It was rigged.
The United States of America is rigged. Always has been, always will be. Everything is a conspiracy by the radical leftists! How anybody could ever be patriotic about this country I’ll never know.
We ALL know this.
Unemployment rate calculated FROM ‘fuc111king’ COLD CALLING ABOUT 100.000 FAMILIES, AND ASKING OVER PHONE ARE YOU EMPLOYED, WHAT RACE ARE YOU, AND ON ON on on ..
and that in 2025 year when people make artificial intelligence, self driving cars, etc
BLS must be fired by whole for single fact that THEY STILL CALL PEOPLE OVER PHONE
Landlines only too.
= bls
here is simple truth
in terms of labor BLS publishes 2 major sets of data
= monthly +- new jobs
= unemployment rate
monthly new jobs CALCULATED FROM PRIVATE SECTOR and other sources by actually data of stats on salaried people. basically each firm must report how many people are in, and out..
then later more data is available, set is updated .. aka revisions.
it is not perfect, but reasonable, based on reality in labor market .
======
Unemployment rate calculated FROM ‘fuc111king’ COLD CALLING ABOUT 100.000 FAMILIES, AND ASKING OVER PHONE ARE YOU EMPLOYED, WHAT RACE ARE YOU, AND ON ON on on ..
and that in 2025 year when people make artificial intelligence, self driving cars, etc
BLS must be fired by whole for single fact that THEY STILL CALL PEOPLE OVER PHONE
alx
ps
so i hope you realise how much place for neg/positive padding., cause you can always extrapolate anyway you like it
If the BLS obtains much of its data thru phone calls, and staff cuts have impacted their ability to garner sufficient data, might I suggest that the BLS contract with cheap call-centers in India. I get a plethora of calls from India each day. It has allowed me to learn many Indian curse words.
To make the claim that there’s no way they could be manipulated to the point of “rigging” because someone would blow it is to ignore huge official policies that lied to the public. Covid and related response, black ops torture sites, “yellow cake”, jfk all come quickly to mind. EVENTUALLY someone MAY come forward but with something so small as this the complicity could go on far longer as it seems innocuous and data collection and analysis, with seasonal adjusting, is far looser.
It’s not DOGE and it’s not scandalous it’s typical government incompetence handling data that, to your point, has better proxies to check accuracy that go unused while flawed methodologies persist.
Assigning intent is always difficult when not buffoonery is afoot. Occam’s razor and all….
I don’t believe she rigged the numbers nor do I believe she was incompetent to the point of not knowing what was going on. As a life-long bureaucrat that rose through the ranks she was certainly very aware of the severe shortcomings of data collection and its treatment. Many bureaucrats in government and large corporations know where the problems are and can have ideas on how to fix them if they have a free hand. The problem is that bureaucracies by their very nature prefer process to results and stability to change. She was too timid. When she asked Congress for more money to improve data gathering she didn’t say it was urgent. She didn’t say that is was so bad that economic actors were no longer taking the BLS seriously. Basically she knew the problems and how to fix them but didn’t want to upset the applecart so the problems festered.
Antoni might not might not do better. He has some good ideas and I hope he can implement them. Only time will tell.
Good post, Doug. Great reminder of what it means to be a bureaucrat & how that permeates into the entire organization. Like I posted above, I think it’s quite salient that she said she was “prepared”. She knew what the problems were didn’t have the political will to implement change.
We do not need statisticians to report the mess that we are in right now.
I guess we don’t because we have MPO45v2 to do it for us.
Lord, help us ; )
Then let’s just get rid of the BLS, BLA and the Fed who relies on their data.
Hell, let’s just get rid of the NBER, since we all know that we’ve been in a recession for 12 months.
Doug makes very good points and all you want to do is make light of the situation.
The lady needed to be removed from her position. It’s that simple. If the new guy doesn’t get things straightened out in about ASAP, then he needs to be removed.
Houses price in pre bubble #1 in 2003 and in 2022 peak: Austin: $175K and $550K.
SF: $400K and $1,200K. San Antonio: $120K and $300K. Denver: $250K and $600K. Tampa: $130K and $380K. Dallas: $150K and $400K. San Jose: $500K and $1,600K. Gold: $8K and $120K, bc Trump f**ked China and Europe. Trump isn’t looking for friends at our expense.
The errors go back during Birdbrain Biden regime’s last two years in office which was reeling from effects of the Fed Funds rate increasing from 0.25% to 5.5%. Its not a DOGE matter. There was pressure to not call a recession in 2022 before the midterm elections and during Harris’s run for President.
Congrats. Things are so much greater now in the fantasy land known as Trump ville.
The Fantasy-Land is only around for the taking. Trump is in the line of takers since Eisenhower stepped out.
HE WAS THE LAST REAL TRUTH-TALKER. They took out Kennedy because he talked his walk.
Truth tellers rarely make it. After Kennedy, the bullshit just got thick nearly Immediately with LBJ.
And, LBJ JUST BARELY squeaked in the decision to exit a losing “War on Communism” – NAM.
LBJ was long out of office and dead when Nixon and Ford and Kissinger surrendered to the Democratic Republic of (North) Vietnam. A lone, very troubled, man took out JFK.
They, was one person. Lee Harvey Oswald.
My Aunt was a friend of Ruth Paine’s. They lived in the same neighborhood, and attended the same church and sometimes rode together to attend. She met Marina Oswald and the children at Ruth’s house. The rifle was in the garage. Before the assassination, Ruth told my Aunt that Lee Harvey was a big problem. People cannot figure out how ordinary it all was. In 1981 my wife and I coincidentally rented an apartment that was located on the same block as Lee Harvey’s boarding house in Oak Cliff. We used to take walks to 10th and Patton, during which we tried to figure out which streets he took and why, and where was he going. I figured the Dallas Zoo, where he could get lost in the crowd. He knew they would figure out he did it, and he just wanted to delay the inevitable.
Go back to WAY BEFORE THE CLINTON REGIME and then keep probing backward and back and back and we lose sight of the BULLSHIT that has been spewed since the regimes wanted that bullshit war.
Step back to Korea. To Nam…even WWII…so much of it is CONCOCTED “History.”
Authoritarians only want to hear good news, including from their statisticians. That’s why they always surround themselves with sycophants and flunkies.The reason why functioning democracies in the end are economically much more successful is that their politicians are forced to face reality and are not allowed to indulge in statistical fantasies. It looks like Trump has decided to try out the authoritarian approach to running US statistical agencies. The economic and financial consequences for all of us will likely be disastrous.
Yes I did catch the conflict between weak jobs and strong economy(?) combined with a “need” for an interest rate cut but this is always the dilemma, no?
The main problem had to be that Macentarfer’s Alma, Bard College, being one of the most liberal out there must have put her at odds with the Administration from the start so was probably a bad fit from the start.
Since much of the BLS system was
outdated and in need of overhaul wouldn’t Doge’s 20% reduction in staff that encouraged retirement have helped by removing most of the older crew with older habits that would be harder to retrain or help with improvements???
Not if they have an untalented, unsophisticated “younger” crew.
DOGE did a shitty job.
Let Macron send sardines, French cheese, baguette and burgundy to the starving Palestinians in Jasa, and take back home 100K refugees.
Are you having a stroke?
300K Palestinians to Ireland and 200K to Spain.
can i pretend to be Palestinian and get stuff in Russia?
last time i heard man can be women..
Putin might take a few Palestinians to the front line, but they will run. It will cost a lot of money to feed two million Palestinians. Let Saint Greta and the Europeans, who scream genocide, to ease the financial burden from Israel. After emptying supply to Jasa the Palestinians will flood the ships, stay, until they sail. The bottom line: the phony Europeans will condemn, as the Arab states leaders in Qatar, but stay on the sideline. They don’t need more refugees and don’t have the money to take care of them. Since Israel has #2 high tech co in the world, after the US, it will boomerang on them.
Macron, who destroyed GE, destroyed France finance. In 2002 SPX was 1,000pts,
today: 6,700pts. A house: $400K, today: $1.5M. Lexus: $40K, today: $53K. MIT: $36K, today cry babies: $90K. Gold: $8K/kg, today: $120K/kg. Trump f**ked China and the EU.
Trump is doing what every strong ambitious man would do. The system is badly designed if he gets what he wants. Or people do not trust the system anymore and are willing to give Trump full inlimited power to see if he can change things and deliver better results than the rigged system. The only question is whether Trump&Co. will be held accountable by the same crowd if Trumpism fails. If not then Vamos a la Argentina.
If you can’t see Trump is worse than the system was, then you aren’t as smart as him. Yes that was an insult.
If you can’t see the Democrats are worse than the system then you aren’t as smart as you think you are.
Oh yes he is.
“Smart people don’t like me” – Donald Trump
YES
a favorite cry – not enough people. To a govt agency this is always the mantra. There is no need to be efficient, to be held accountable, to identify performance goals to meet, to anticipate.
The former BLS head takes no responsibility for her actions and not addressing agency shortcomings. leaders lead and get results. What a hoot – Doge Is to blame
I would buy this excuse before I trust anything taco says. He is fortunate that snopes isn’t keeping a log on him.
Ask Jeeves.
I would consider any business running 20percent under staffed is about efficient as you can be. At some point your losing to overtime. Trump cut jobs where the government was already short staffed as every other business in the us.
We shall see, but right now all the AI like Microsoft Co Pilot are stating 2025 deficit is no more than 2024 deficit when accounting for inflation. So it will be the first time the deficit has not increased since 2001. So let’s wait and see for the economic stats in early February 2026, one year of Trump in office and also factor in that he inherited Birdbrain Biden regime’s 2025 budget. Granted no more student loan forgiveness handouts and USAID and EPA grant boondoggles for AntiFa-style NGO’s.
Maybe. Politicians tend to blame the programs. Or the other parties program. When in reality congress sets the budget and tax rates. That is where the real problem comes from.