Anonymous wrote:Lest you think that Trump only targets federal agencies that release economic data he doesn't like, he's also targeting the private sector. I look forward to hearing from MAGA posters why this is an acceptable thing.

Trump appeared to call for Goldman Sachs CEO David Solomon to replace the bank’s top economist over his past predictions. Trump said on his Truth Social platform that Solomon should “go out and get himself a new Economist” because the bank made a “bad prediction a long time ago” on the market and tariffs; the bank’s chief economist and his team have been among the many economists who have predicted tariff policies would dent labor markets, cause higher inflation and slow U.S. economic growth.

Source: WSJ Politics and Policy daily newsletter, 8/13/25

I wonder if it’s going to lead to shadow data. All of us stooges will get fake data from Schwab (total Trumpster) while the insanely rich will get the actual data.

Is it normal to have a picture of a Nazi warship on your wall?

Anonymous wrote:

Anonymous wrote:And look! EJ Antoni is a J6er. Of course, the WH is saying he was a bystander who ambled over to see what was going on after news reports. I am not sure. You be the judge . . . Looks pretty much in the thick of it to me, though.

Not a surprise to any thinking person

But Trump pardoned all the J6ers and called them patriots so the fact that they bludgeoned Capitol Police to death and created tens of millions of dollars to the Capitol is a feature not a bug.

Anonymous wrote:And look! EJ Antoni is a J6er. Of course, the WH is saying he was a bystander who ambled over to see what was going on after news reports. I am not sure. You be the judge . . . Looks pretty much in the thick of it to me, though.

Not a surprise to any thinking person

And look! EJ Antoni is a J6er. Of course, the WH is saying he was a bystander who ambled over to see what was going on after news reports. I am not sure. You be the judge . . . Looks pretty much in the thick of it to me, though.

https://www.nytimes.com/2025/08/13/opinion/trump-bls-nominee-antoni.html

When Mr. Trump abruptly fired the B.L.S. commissioner after negative jobs number revisions this month, he wrote on social media that he would find someone “much more competent and qualified” for the post. He is proposing replacing Erika McEntarfer, a highly respected economist with decades of experience working at the U.S. Census Bureau and elsewhere, with a partisan favored for the job by Steve Bannon.

Dr. Antoni’s posts that have shown apparent misunderstandings of import prices and the baby boom retirement have gotten the most attention and criticism, along with his statement before the nomination that the monthly jobs report should be suspended.

But even more egregious, as Alan Cole, an economist at the right-leaning Tax Foundation, has pointed out, is that in October 2024 Dr. Antoni took the time to publish a report that purported to find that “the American economy has actually been in recession since 2022.” This claim was based on a concept of “adjusted real” disposable income, which was down about 2 percent from 2019 to 2024 — in contrast to the official data, which showed real disposable income up 12 percent over this period. The problem was his measure effectively double-counted housing inflation, making the inflation rate artificially higher and growth artificially lower.

Dr. Antoni’s selection has done something I have rarely seen, which is to unite a number of economists and policy wonks from across the political spectrum. The American Enterprise Institute’s Stan Veuger told The Washington Post that “he is utterly unqualified and as partisan as it gets.” Similar sentiments were echoed by people affiliated with conservative and libertarian think tanks, in a Wall Street Journal editorial and a National Review article.

Anonymous wrote:

Anonymous wrote:Lest you think that Trump only targets federal agencies that release economic data he doesn't like, he's also targeting the private sector. I look forward to hearing from MAGA posters why this is an acceptable thing.

Trump appeared to call for Goldman Sachs CEO David Solomon to replace the bank’s top economist over his past predictions. Trump said on his Truth Social platform that Solomon should “go out and get himself a new Economist” because the bank made a “bad prediction a long time ago” on the market and tariffs; the bank’s chief economist and his team have been among the many economists who have predicted tariff policies would dent labor markets, cause higher inflation and slow U.S. economic growth.

Source: WSJ Politics and Policy daily newsletter, 8/13/25

Free link to another source on this:

https://www.msnbc.com/msnbc/amp/shows/maddow/blog/rcna224708

He wants to silence any contrary information or thoughts. Only government approved information is allowed. Pure dictatorship.

Anonymous wrote:Lest you think that Trump only targets federal agencies that release economic data he doesn't like, he's also targeting the private sector. I look forward to hearing from MAGA posters why this is an acceptable thing.

Trump appeared to call for Goldman Sachs CEO David Solomon to replace the bank’s top economist over his past predictions. Trump said on his Truth Social platform that Solomon should “go out and get himself a new Economist” because the bank made a “bad prediction a long time ago” on the market and tariffs; the bank’s chief economist and his team have been among the many economists who have predicted tariff policies would dent labor markets, cause higher inflation and slow U.S. economic growth.

Source: WSJ Politics and Policy daily newsletter, 8/13/25

Free link to another source on this:

https://www.msnbc.com/msnbc/amp/shows/maddow/blog/rcna224708

Lest you think that Trump only targets federal agencies that release economic data he doesn't like, he's also targeting the private sector. I look forward to hearing from MAGA posters why this is an acceptable thing.

Trump appeared to call for Goldman Sachs CEO David Solomon to replace the bank’s top economist over his past predictions. Trump said on his Truth Social platform that Solomon should “go out and get himself a new Economist” because the bank made a “bad prediction a long time ago” on the market and tariffs; the bank’s chief economist and his team have been among the many economists who have predicted tariff policies would dent labor markets, cause higher inflation and slow U.S. economic growth.

Source: WSJ Politics and Policy daily newsletter, 8/13/25

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote: New BLS Leader EJ Antoni Proposes To Pause Monthly Jobs Data Reports


I guess this is like the Wizard of Oz in the play/movie "the wiz" - don't bring me no bad news

Sure, Antoni. Businesses and investors would rather have no numbers at all rather than variable numbers.

What a bozo.

This is done for an audience of one. Business are under the control of Trump. So job numbers really do not matter.

This can't be yelled loud enough. Especially to those that claimed for years that Dems wanted a planned economy.

This. We literally have a state-run economy.

I wonder who will be the American version of Mikhail Khodorkovsky? There will certainly be a show trial of a billionaire in the next 3.5 years.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote: New BLS Leader EJ Antoni Proposes To Pause Monthly Jobs Data Reports


I guess this is like the Wizard of Oz in the play/movie "the wiz" - don't bring me no bad news

Sure, Antoni. Businesses and investors would rather have no numbers at all rather than variable numbers.

What a bozo.

This is done for an audience of one. Business are under the control of Trump. So job numbers really do not matter.

This can't be yelled loud enough. Especially to those that claimed for years that Dems wanted a planned economy.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Look for the data collection methodology to completely change. Trust nothing.

Good newspapers will refuse to report it.

WE can hope

The Wall Street Journal doesn't approve of Trump's choice. Must be a leftist rag. Radical miscreants who know nothing of the greatest economic mastermind, the Great Orange Blunder, to have ever walked on this planet.

Gift Link: https://www.wsj.com/politics/policy/ej-antoni-who-bls-44f73217?st=QJxEcL&reflink=desktopwebshare_permalink

Anonymous wrote:

Anonymous wrote:Data wonks warn of lasting damage as Trump weighs shake-up of government statistics collection
https://www.politico.com/news/2025/08/12/donald-trump-government-statistics-00505923
Statisticians are worried Trump’s actions targeting statistics agencies could permanently undermine trust in federal data.

This is a huge problem. It's just like his COVID-19 strategy: stop testing, and the number of cases will fall.

It's the quickest way to solve the recent increase in unemployment.

Anonymous wrote:Data wonks warn of lasting damage as Trump weighs shake-up of government statistics collection
https://www.politico.com/news/2025/08/12/donald-trump-government-statistics-00505923
Statisticians are worried Trump’s actions targeting statistics agencies could permanently undermine trust in federal data.

This is a huge problem. It's just like his COVID-19 strategy: stop testing, and the number of cases will fall.