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One of the Bidenary impacts to economic analysis and/or economic outcome review has been the inability of any government statistical data to make any sense.
Quite frankly, almost every financial pundit in mainstream media pretends the data from the Bureau of Economic Analysis (BEA), the Bureau of Labor Statistics (BLS) or the Dept of Commerce is accurate. It’s not, and we all know it.
Just like every other institution in Washington DC, the systems of economic tracking have lost all their credibility.
That said, even with all the pretending intended to prop-up the Biden administration, eventually the results on Main Street are so obvious the data manipulators have to quietly attempt to smooth the disconnect. This story below is about one small part of that operation. WASHINGTON DC – […] Job growth was overestimated by more than 770,000 last year . Put differently, about 1 in 4 jobs that were supposedly […]
— Read More: theconservativetreehouse.com
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