Changing the jobs report to be quarterly instead of monthly doesn't solve the problem of needing to wait for revisions. You can do a monthly jobs report 90 days in arrears to solve that if you want. But putting a report out in April for Q1 will still need to be revised. Weirdos.
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Much easier to gaslight quarterly. Monthly is very tariffing š
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They either donāt understand that and thus are incompetent and unqualified, or they do know and theyāre intentionally misleading the country
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Just like all their numbers the rig and numbers don't like people do it can be found out and it will be
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You are doomed. A failed nation under chump.
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Because improved accuracy and reliability isnāt the point of their program.
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This raises a question generally about how objective and valid data are being communicated to Americans so they can make appropriate decisions.
US media, social media, Trump Administration data arenāt accurate anymore. You canāt trust any of it.
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Monthly indicators allow us to make market corrections more quickly. More frequent data provide better trend information.
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Idiots!
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Monthly report, but based on revised data over the last three months.
There are issues with that, but that's probably the most likely explanation.
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"How do I lie with statistics to make Daddy-T happy???"
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Theyāre cooking the books.
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Itās just an excuse to make up numbers.
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Lazy weirdos.
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"Weirdos?"
Or "idiots?"
I vote for "liars."
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They will most likely try to use AI, say itās perfect and doesnāt need revision at all.
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If you don't report, they can't distort.
Trump logic.
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Just gives more time for bullshit and forgetting
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Wall Street is moving to private data. They will have the real numbers and use it their advantage by betting against you, who doesn't have the right data. See how this works?
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They believe the best way to deal with the Stagflation his idiot policies are creating is to make it statistically disappear
If you don't report the weak or negative job growth, and the CPI has been cooked to show no inflation, then, there's no Stagflation
Problem solved!
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Ah, but bad news will only happen 4 times a year instead of 12.
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Math is hard: thatās the only reason how Trump can be the āamazingā business man he isā¦
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Trumpās improved BLS
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Not weirdos. Crooks.
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Trump and regime just don't want to have so many bad jobs reports available to be seen.
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They're hoping that by then maybe we will have forgotten all together those pesky job reports.
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Itās kinda the forever Trump playbook though, eh? Always always always delay everything forever when the facts are annoyingly unhelpful
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But hey, it sure sounds good though!
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Itās so easy when you just write in whatever numbers you want w/a sharpie
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Right? Last 30 days of a 90 day report still as āfreshā and as prelim as a monthly reportā¦.math/science/facts are like Kryptonite to maga
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Why revise it at all when they can just simply make up numbers and say whatever they want? We'll have numbers they've never seen before, enough jobs for everyone to have at least 6
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Also, the fed uses those job numbers as an input into their rate-cut decisions. The market is expecting a rate cut in September but the fed canāt do a damned thing without those job numbers.
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There's just one problem with making them quarterly. I can't find the segment from today's @marketplace.org, but @kairyssdal.bsky.social gave chapter and verse that requires them to be published monthly.
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So how long to wait for revisions of the quarterly? At least 30 days. But to make it 100% accurate, just use the June 30th, 1965 unemployment figures since those have been revised up the ying-yang but the current inflation figures are useless in making hiring and plant & production decisions.
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Theyāre just going to lie
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They could do it semi-annually, it isn't going to change anything.
Everyone knows the economy is shrinking because of Trump's tariffs, as companies pull back investments and prepare for the worst.
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Donāt forget to keeping talking about Epstein. Trump is a child rapist.
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Weird.
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Favorable numbers will certainly be reported monthly, while unfavorable numbers will be reported quarterly if at all.
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Is this a smile and nod moment??
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They can't do a proper job of "redoing the methodology" in 3 months much less write the code to do it in such a short time.
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Correct!
If they use real numbers, the revisions will be even bigger!
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Like his thinking on Covid testing. Itās his understanding or nothing. Heās a genius.
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If the Trump administration doesn't release accurate numbers or doesn't release numbers at all, what happens to all the people who depend on COLA adjustments for income raises?
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Sherpiegate V - My Excellent Data. bsky.app/profile/opsa... We are being 'governed' by impulse-driven executive orders, where wins are declared by press release and data measurements in crayons and Sherpies.
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Hiding the truth is what a pathological liar or conman does best.
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They're gonna change more than the release timing. Bank it.
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Time to cook the books- same way his accountant, Allen Weisselberg did Trump Org for half century!
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It's also by law meant to be published monthly too right?
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Theyāre just gonna stop telling us anything about how theyāre dismantling this country.
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Why place the reports on any timeline when you can just have new ones drawn up without providing any data backing them?
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Itās just a stall, like always
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A quarterly report wouldn't need as much revision as monthlies would
Remember, 'current' data are estimates. The 'seasonally adjusted' numbers assume that an average August is, well, average
When something happens (e.g., covid, tariffs), numbers need time to be re-evaluated
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New Department of Labor- Fudge Math
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It usually takes them a year to tell us we were in a recession. By the time they announce it they say "but we're in recovery now". So they're going to tell me three months later I've been laid off? Data that old is useless. This is so Venezuela.
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Don't forget well still have the nonsense govt monthly adp report. Global markets are not going to happy about no federal jobs reports. adpemploymentreport.com
ADP Employment Reports
The ADP Research InstituteĀ® works in close collaboration with Stanford Digital Economy Lab and its experienced team of labor market researchers to publish employment reports.
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It just means lying every 90 days instead of every 30.
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In other news, can the inflation numbers today be trusted given how very desperate Trump is to change the subject? Many people are asking.
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It doesn't matter. The job numbers will be total lies no matter how often they're released. Meanwhile, Trump uses AI to fake full employment
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Give it two weeks and jobs reports will be done yearly.
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They do not understand the purpose of the job report. With reporting every three month (if they do not cancel it) will make the report a lagging indicator. It would be useless then.
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Trump admin abhors abiding by the law but 29 U.S. Code Ā§ 2 - Collection, collation, and reports of labor statistics The Bureau of Labor Statistics shall also collect, collate, report, and publish at least once each month full and complete statistics of the volume of and changes in employment,
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Imbeciles are in charge now...
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Itās the same as promising to release something āin two weeksā. āConcepts of a jobs report.ā
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Well, larger sample size will be less variable. But the noise is reduced, not eliminated.
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there's no administrative reasoning for this. it's obfuscating and distracting and bullshit.
i find it funny we still try to make sense of these thugs
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All presentation. No substance.
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Canāt the states with the highest GDP, which mostly are blue states, report their own jobs reports.
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Wonāt the private sector just do this now? Or media? Maybe @bloomberg.com will do the BLS r reporting.
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Federal employment stats may be required quarterly, but employment stats are sent to the state, monthly. Perhaps there are journalists who will gather state employment stats. š¤·āāļø
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Quarterly numbers might not even hit a monthly number of jobs created if they keep this shit up. Let's see if the media can remember to clarify the difference
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Quarter becomes yearly becomes never.
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It's sad that trump doesn't understand why revisions are made.
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Probably also.. less and less pedophile nazis able to do anything resembling decent work.
All the actual smart people left. Everybody that remains is using nazi biased ai, chatgestapo, and copy pasting forms from last decade...
Every brown lady they stole ideas from.. got dei fired.
Embarrassing
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More like idiots.
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The only thing it does is make the volatility spike that occurs around the event much much larger now that it has to account for three months instead of one month. There will be a larger shock load creating larger spikes. This makes it worse.
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I think weāll know the jobs report anyway when there are no jobs when these assholes pushes into a recession, depression.
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all republicans suck!!!!
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These are the incompetent nepo hires who have coasted their whole lives, never had to work a real job where they were actually accountable for results or had to know how things worked internally. So of course, they have no fucking idea how to get results or make improvements. They're imbeciles.
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And it is law it has to be done monthly!
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Cooking all those numbers every month is too onerous. They could just do a color-coded threat assessment and provide the same useless shit, but pretty.
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Q: What bad happens? A: Increase interest rates AND Increase deficit.
Directionally: term premia up, intra-quarter rate volatility up, liquidity down ā slightly higher average borrowing costs for the Treasury (and, by extension, mortgages and corporate debt priced off the curve). Why? (THREAD)
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But there wonāt be revisions to the false data. Itās a more sophisticated version of what they have done for years. Like throwing a rock in the river, more time makes the lie fall deeper into the water as a permanent addition, and the ripples die. They just bought 3 extra months for the deception.
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The Commerce Department's inflation data is wrong, too.
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Guess the fed will have to wait longer to reduce the rates, LOL
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He can always use the old āthe reports are under audit so they canāt be released .ā like he did with his taxes.
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Just an excuse to goose the numbers for the Orange Poop
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500 gagillion jobs next month
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Thatās not all it dipped on. bsky.app/profile/tren...
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No dumbos
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You know heās t trying for no report
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I don't know if I can wait a whole quarter to find out how Great we're doing.
I'll read it while in line on the poster of the unemployment office. Then I can go back to my cardboard box and celebrate by rummaging through a dumpster.
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They have no intention of releasing accurate info of any kind
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Compiling comprehensive data from a vast number of sources takes time. If you want it to be more timely, it's going to be less accurate, will need to use estimates and require revisions. Or you get more accurate data, it'll be out much later. No other way to make it happen. Thats how it works.
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If they froze #s at the end of the month, it still catches up to the lies.
When we have no idea what is going on, we will all be told that this is the good life.
I've never had to worry about food before. This is not the good life.
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Only four times a year for the Moron in Chief to lose his shit. Sounds like a winner.
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Itās about reducing the availability of information.
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Or, as the French say, āStupide Americans!ā
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thumbs in your own eyes - you are being moved now to the far right of unobservable reality
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They need to pretend they are doing something.
For fascists action is more important than thinking or discussing.
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Idiots. Maybe weirdo idiots.
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Epitome of stupidity to please the šš¤”
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Fake numbers dont need to be revised.
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In this way he knows he wonāt be fired for at least 3 months.
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Ahhh, but you are assuming they plan on actually revising the reports when additional data comes in.
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Theyāre too stupid to understand
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The correct word you're looking for is 'Evil'.
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Planā¦cook the books.
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Yeah he thinks it will make him look good. Look at that idiot who was showing him Bidenās revised numbers for the last two years. These MAGA ass kissers will do whatever they can to stroke Trump fragile ego.
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On top of that ā¦ Paul Krugman just said on MSNBC that the monthly reports are required by law.
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I think we can all agree. They are not that bright. And theyāre in chargeā¦
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I wouldn't expect them to put out any corrections/revisions, since the numbers they'll be putting out, after they're vetted by tRump/Miller/Bannon/whoever, are guaranteed to be 100% accurate (and I do have a bridge to sell....).
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It gives him more time to sharpie up the report with his own special bs.
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Don't States keep unemployment numbers?
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Theyāre not Fooling anyone
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A good start would be to end the process of reporting ESTIMATED numbers and go with FACTS. Less chaos in the markets and less opportunity for market manipulation.
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Actually delaying the job reports is good because it gives us more time to focus on asking for the Epstein files. Our president is a pedophile and a creep www.facebook.com/reel/1677758...
826K views Ā· 52K reactions | š¤¢š¤¢ | The Resistance
š¤¢š¤¢.
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With this crowd, never attribute any bad thing to weird. It's evil.
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It is visual.
We do not need a report.
Talk to a neighbor, friend, or someone at the grocery storeā¦.
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Iām sure if ppl get fake numbers .. theyāll never know .. itāll be fine šš
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You spell assholes funny.
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It wonāt have to be revised because the new BLS commissioner is a super genius who is blessed by Jesus and Russel Vogt to the best numbers ever, I tell you
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Next DonOld will make it yearly... and then .....
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Cheatos!
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It can help them obscure comparison with the historical numbers and delay the bad news of Trumpās administration.
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theyāre just trying to buy themselves more time to fuck things up before the next one is published.
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Can no longer believe any economic reports from this regime.
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They won't revise.
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Well Trump only hires dumbasses
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It's almost as if they dont know what they're doing. š
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I don't think the cadence it's issued will matter moving forward because it will all be rigged. For real this time.
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They all flunked math and stats in college. This is why they hate education.
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They are not doing a report. Stonewalling
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Ć sempre in stallo guadagnare tempo mentre distrugge le nostre istituzioni democratiche.
Siamo fottuti se non muore presto.š
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Itās gonna be hard to believe any government numbers now!
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Math is hard apparently š¤·āāļø
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So every month we can see what a shitty job Trump and his stupid tariffs are doing. How employers are laying off workers because people can no longer eat out, take vacations, buy a little extra at the grocery store, put gas in their cars, etc.
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This way they get an extra two months to lie before the numbers come out.
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You think anyone remembers a Quarter back? Everyday now has six months of "news". They can just make up the numbers and forget about it.
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We're going to totally lie and make up the numbers, but that only takes 3 weeks of work to do that, which only leaves one week for vacation, how do we fix this situation. Wait, I got an idea!!
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And itās illegal. The law mandates monthly reports.
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They need that much time to come up with their fake statistics
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But it does give them more time to cook the books
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It's that same mentality they had about counting COVID cases. If you don't count it, you can make up any number you like.
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They are fox news celebrities.
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Idiots, actually.
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Cause he doesn't want to also lose his job.If he reports the numbers correctly Trump will fire him too so he wants to put it off a few monthsš
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When you intentionally put out false information why would you need to revise it?
When F47 says he's lowered drug prices 1500% then doubles down, when he says gas is $1.99, when he says "two weeks" over and over, when he says he's not on Epstein's claims he won in 2020 there are no revisions.
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Weirdos or propagandists?
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Gives them a couple of months to figure out how to fudge the data, they'll fail then too and stop reporting it eventually because we'll be in the greatest depression, greater than the great depression, then comes civil war 2.0, hopefully because Im tired of living in a #FascistNaziDictatorship
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The Chef needs time to cook the books.
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but when you want to fiddle the numbers š¤·š½āāļø
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Trump reports on the economy are not to be trusted
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"Kicking the can down the road" Trump policy. "It's coming in two weeks". "I can't tell you now...but soon. Gives them time to make up the next lie.
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Itāll make a bigger number for Donnyā¦which is why
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They have no intention of posting the revisions unless they are good
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I thought the same thing. It would make more sense to put out a jobs report 30 or 45 days after the month ends but they want more time to screw with the data.
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Yes. Itās probably not a good idea to place people who donāt think things through in jobs that require thinking things through.
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ššš
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Also against the 1913 law that requires monthly.
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Those criminals want 90 days to cook the books. Itās that simple.
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But, out of sight...... out of mind.
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Left/right lobe wirings entirely missing.
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They just donāt understand how things work.
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Well execpt that there is an actual law that requires the jobs report be reported monthly. And only by an actual of Congress can that be changed.
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It will definitely give extra time for trump henchmen and their friends and families to strategize a much better inside trade strategy. No need to hedge when you know what the number will be. And everyone knows that hedging kills profits.
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More like idiots than weirdos.
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Goddamn it Delaware! Those fucking numbers are too high, Give us lower numbers or we'll send ICE in to arrest your goddamn staffers!
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Theyāre just buying more time to cook the numbers. š¤·āāļø
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Stats and report are key. Methodology and clear formulas
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They're planning to stop reporting. Problem solved.
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An innumerate administration betting on an innumerate public.
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They all fit the title of ignoramus. Theyāre really too stupid to know theyāre stupid.
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It won't have to be revised if you just make up the numbers you want and type them into the report. Voila! Perfect on the first try!
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There is a law requiring monthly reports.
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Time averaged trash data is still trash data.
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The Pedo Prez loves to polish Knobs and Turds! Cases flying to Putin for Knobs and 3 out of 4 job report Turds!
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Watch them use only the unemployment insurance rolls and then cut benefits to cull the numbers.
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Wondering what kind of spread they can hide from their low IQ base.
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Do they not understand the fiscal calendar and the effects it will have on the markets? Holy amateur hour.
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Fools no one.āš½
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Itās ālook over here, not over thereā, while they take the sledgehammer to another foundation of honest governance.
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They wonāt revise it because itāll all be made up anyways.
Welcome to the Sharpie timeline!
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Idiots.
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Kicking the can down the road hoping people wonāt notice.
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šÆ
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Watch the treasury markets thereās been a flight away from central banks already and it will get worse. Unreliable data will exacerbate this more. Is their goal to destabilize the dollar and move to crypto? www.reuters.com/markets/euro...
Foreign central banks are shrinking US asset exposure
As debate rages around 'de-dollarization' and the world's appetite for dollar-denominated assets, one major cohort of overseas investors appears to be quietly backing away from U.S. securities: central banks.
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It's numbers. They don't understand them. And it's data, a giant amorphous monster that speaks a language they do not know. Then, dear God, it's economics! That's a triple threat that their tiny brains will never master, let alone be able to explain.
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And cheats
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Not like they canāt
They donāt want to
Or give us any information based on reality
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No, dumbasses. Let us ne clear on what they ate.
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They will suspend reportsāāpending technical reviewāāuntil one favorable.
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Why are they so afraid of everything?
