4 ms·

I don't think any existing numbers were officially changed, just that the head of BLS was fired.

by pm90 1y ago

hiddencost 1y ago
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.
- jcranmer 1y ago
  Apparently, they've decided to go with "just not report the numbers." (Source: https://www.foxbusiness.com/politics/trumps-bls-pick-could-pause-monthly-jobs-report-over-accuracy-concerns https://www.foxbusiness.com/politics/trumps-bls-pick-could-p...).
  - temp_praneshp 1y ago
    That interview was unfortunately timed (taped before nomination, broadcast afterward). My takeaway was that they are not trying "just not report the numbers" _yet_.
    - sjsdaiuasgdia 1y ago
      Do you think his position has changed since that interview?
      - BobaFloutist 1y ago
        I think his position changes between breakfast and lunch.
  - neilv 1y ago
    I still like the quote, "Reality has a well-known liberal bias."
    - throw0101a 1y ago
      > I still like the quote, "Reality has a well-known liberal bias." — https://en.wikipedia.org/wiki/Stephen_Colbert_at_the_2006_White_House_Correspondents%27_Dinner https://en.wikipedia.org/wiki/Stephen_Colbert_at_the_2006_Wh...
outside1234 1y ago
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 1y ago
  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!"
  - samfriedman 1y ago
    You mean like this one? http://emilysquotes.com/wp-content/uploads/2014/09/EmilysQuotes.Com-planet-destroy-beautiful-moment-time-value-sahreholders-sad-greed-people-earth-consequences-unknown.jpg http://emilysquotes.com/wp-content/uploads/2014/09/EmilysQuo...
    - JKCalhoun 1y ago
      Timeless, ha ha.
      - fuzzfactor 1y ago
        If value was actually created every time before it was distributed to shareholders, it wouldn't be nearly as bleak as when the value is instead rapidly extracted from a long-term reservoir to make the numbers go up.
- whimsicalism 1y ago
  wanna bet? i will take a bet that inflation will not return to normal (ie. sub 2.1) in the next report
  - 1y ago

I don't think any existing numbers were officially changed, just that the head of BLS was fired.

by pm90 1y ago

I don't think any existing numbers were officially changed, just that the head of BLS was fired.

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.

jcranmer 1y ago
Apparently, they've decided to go with "just not report the numbers." (Source: https://www.foxbusiness.com/politics/trumps-bls-pick-could-pause-monthly-jobs-report-over-accuracy-concerns https://www.foxbusiness.com/politics/trumps-bls-pick-could-p...).
- temp_praneshp 1y ago
  That interview was unfortunately timed (taped before nomination, broadcast afterward). My takeaway was that they are not trying "just not report the numbers" _yet_.
  - sjsdaiuasgdia 1y ago
    Do you think his position has changed since that interview?
    - BobaFloutist 1y ago
      I think his position changes between breakfast and lunch.
- neilv 1y ago
  I still like the quote, "Reality has a well-known liberal bias."
  - throw0101a 1y ago
    > I still like the quote, "Reality has a well-known liberal bias." — https://en.wikipedia.org/wiki/Stephen_Colbert_at_the_2006_White_House_Correspondents%27_Dinner https://en.wikipedia.org/wiki/Stephen_Colbert_at_the_2006_Wh...

outside1234 1y ago

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 1y ago
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!"
- samfriedman 1y ago
  You mean like this one? http://emilysquotes.com/wp-content/uploads/2014/09/EmilysQuotes.Com-planet-destroy-beautiful-moment-time-value-sahreholders-sad-greed-people-earth-consequences-unknown.jpg http://emilysquotes.com/wp-content/uploads/2014/09/EmilysQuo...
  - JKCalhoun 1y ago
    Timeless, ha ha.
    - fuzzfactor 1y ago
      If value was actually created every time before it was distributed to shareholders, it wouldn't be nearly as bleak as when the value is instead rapidly extracted from a long-term reservoir to make the numbers go up.
whimsicalism 1y ago
wanna bet? i will take a bet that inflation will not return to normal (ie. sub 2.1) in the next report
- 1y ago