Trump adopts Chinese-style economic reporting

Trump fired the head of the BLS (Bureau of Labor Statistics), Erika McEntarfer, because he doesn't like numbers that might show a weakening economy. Trump is adopting the Chinese practice of faking the economic data.

Meanwhile, this graph shows that the data sampling errors are unbiased. We have always expected data to get revised because the later releases incorporate more data as more data are collected over time.

https://preview.redd.it/duma9jiyy9hf1.png?width=575&format=png&auto=webp&s=33ea80ab4a4b4fc6fd044b45bb21eec521b027be

Posted Aug 5, 2025, 10:13 PM UTC

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