Heads up: the Bureau of Labor Statistics also calculates the Consumer Price Index.
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Trust Nothing that comes out of this Regime, kinda like Russia Russia Russia
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The orange demon can order the CPI look anyway he wants, but each person knows how much their gas and eggs and bread and cereal cost. There’s no way to mask inflation from the consumer- we can just look at our grocery receipts. And investors know that.
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And beef prices are about to get a nose bleed
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Key is there is a lot of real data used in all of these metrics. I’ve got a very light grasp of it all but I’m not an economist but I know data has to be taken care of….
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Trump recommends using negative employment numbers to increase labor statistics by 1500% bsky.app/profile/that...
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RIP TIPS
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Be ready for completely rigged numbers for CPI & PPI. In fact, expect rigged data for ALL government stats. It’s a Fascist Hoax!
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You will know when it's hard to get a job, layoffs happen, and your grocery bill and everything you purchase goes up.
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I think they’ve already been manipulating the cpi.
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Does it do statistics on tractor production?
I hear that's going to be up a lot next year.
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Nothing will be legit from the BLS here on out. Same shit Hitler did!
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His lies replacing the BLS truths will kill this country in a nanosecond.
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How”convenient”.Watch the statistics at those agencies go”off the charts”showing what a”great job” the “fearless,chosen one” is doing for all of us.Russian propaganda now here in Trump’s Russia West.Time to end the insanity & total destruction of everything in our country. Remove him & accomplices!
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I can’t wait for an inflation rate of zero.
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The July 2025 report to be released a week from Tuesday will be done with a Sharpie.
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No government stats can be trusted from this administration
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Guys don’t worry, when his numbers can no longer hide the truth, he’ll fire a bunch of people then claim it got fixed. A million new jobs a month will be two million. It’s not like he’s ever gone bankrupt or anything
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FTL
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We're about to have numbers reported that we have the best CPI in the history of CPIs, while everything falls down around us.
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There goes any increase in Social Security next year.
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I’m surprised Elon’s DOGE didn’t layoff the entire BLS analyst corps now that we know we only need Trump’s Sharpie to create whatever statistics feel good for him.
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He is going to continue to tear down government until there is nothing left but a dictator and his minions. He's gotten pretty far in 6 months. He's building his own army, that won't quit with immigrants. Congress and SCOTUS belong to him. Oligarchs are surrendering.
It's not looking very good.
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Huh. I guess inflation will be trending downward.
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We can no longer trust any data from the US government, tRump has corrupted every agency and will continue to take over the numbers so they say what he wants.
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get ready for the most bigly negative inflation in history. the most tremendous drop in prices anyone has ever seen at so-called “grocery” stores. gas is 99 cents/gal. a dozen eggs is a nickel. it’s so easy to afford with the eleventy billion jobs created just last month
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Cook the numbers! Cook the numbers!
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Cristina Kirchner doctored numbers in Argentina for 8 years, making the country look like Switzerland on paper. Argentine universities started crunching parallel numbers to keep a record of what was actually happening. Americans need to get over their political naiveté quickly.
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Without the media lying to us we can figure out just what the costs are in every category.
We don't need the lies they spewed during the entire Biden administration. -
No data, statistics or words should be trusted from this Administration!
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Well, where can we get the actual facts?
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Prepare yourselves for inflation reduced by as much as 1000, 2000, maybe 3000%
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Hmm,I'm gonna add some context. Hmm,before we go on a propaganda hit parade gas in my shitty little red state is 3.37 a gal. #GuardiansOfPedophiles #FascismIsReal #TrumpVanceProject2025 #NeverForgetJan6 #Resist #FuckFascism 👀
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Are you going to believe me, or your lying grocery bill?
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What foreign investor will risk investing in America knowing the numbers are likely skewed?
Hint - No one.
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It seems like it’s time to start making up numbers, the wilder the better. Maybe the average annual wage in the US is $1 million and August job numbers will be up 100%. It doesn’t matter anymore.
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Paving over the Rose Garden and taking over the Kennedy Center (and vowing to slap Melania’s name on the Opera House) are just gratuitous acts of spite intended to inflict pain on the people he hates. The cruelty is always the point with that SOB. #FuckTrump #Resist #AnyoneButTrump #FuckTheRegime
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The funniest part about Trump’s desperate attempts to manipulate every bit of data he can: he’s still in the Epstein Files.
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Inflation is about to disappear!
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This is not going to end well, is it?
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Will Treasury TIPS and I-Bond returns reflect the true inflation rate from now on?
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Yup. Can no longer believe jobs numbers, unemployment stats, CPI, or GDP. I’m sure I missed something. I said this months ago, when he started his assault on Jerome Powell. He’s going to fudge numbers to reflect a booming economy. Reality is gonna check him hard.
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Trump is going to ensure that the official Trump position is that prices are doing nothing but going down down down.
So, we can be sure we won’t get any raises in our Social Security checks & no military pay raise either.
In fact, the economy will be doing so well they’ll reduce our SS checks.
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So COLAs are basically nonexistent now....
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And we that are on social security or military retirement depend on the readings from July-Sept. No doubt that person will get fired also!
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As I’ve said before, if a Russian mole infiltrated the United States and managed to become president and set about sabotaging our country, how would it look any different than what #MangoMussolini is doing now? 🤨
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MIT needs to restart their Billion Prices Project soon! thebillionpricesproject.com/datasets/
BPP Datasets – The Billion Prices Project
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Trump economic stats and a Trump Fed Funds rate will make everyone much richer!
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Not anymore they don’t.
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I wonder how the media is going to treat the “vibes economy” when it’s a Republican in office.
I assume they will continue to elevate the opinion of middle class white MAGA voters & discount the urban working class.
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… which is used to calculate cost of living adjustments (COLAs) — something anyone on a fixed income should appreciate.
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So, tomorrow we can expect an official declaration from Caroline Leavitt's Ministry of Bullshit the following announcement:
We have defeated inflation. Forever.
Now please go spend recklessly.
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Bureau of Labor Statistics also does CPI? Just great. Jumping back under the covers.
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Yeah. That'll be pure fiction soon too.
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August 2025 inflation will be reported as negative eleventy-billion percent, with 800,000,000 jobs added, unemployment at 0.000, and GDP growth of 45,000%
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Government workers are unheralded hero’s that provide stability and important services.
The Number
Article by John Lanchester: “…The other pieces published in this series have human protagonists. This one doesn’t: The main character of this piece is not a person but a number. Like all the facts and...
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Great news, consumer prices are about to fall fulfilling Trump’s promise to lower prices!
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So we won’t know what the rate of inflation is either. And if it stays low, things that are calculated off that number, will also be wrong-like my social security check which gets a cost of living increase every year. The expected jump in medical costs & Medicare costs will squash us.
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It doesn't matter. Everything this government does is designed to make me poor.
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Yup. Nothing but good news from now on.
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Heads up is right! Pay attention!
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Big difference between job and inflation numbers. People in my city can lose their jobs w/o me coming directly into contact with that reality. Inflation hits me in the face when I buy groceries making inflation much harder to hide. Also, great pod with John Avalon. Thanks for sharing your ideas.
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Great! Easiest way to make inflation go away! No people, no pencils, no data, no problems.
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Cooking the books. Just like what resulted in a fraud conviction and $335 million judgment against tЯump.