How bad is this?
Let me count the ways
Also, and related, short of firing Powell (or trying, anyway) screwing with economic data would be just about the dumbest (and worst) thing to do
https://apnews.com/article/trump-gdp-economy-government-spending-lutnick-7414ba1bd441bd4bf64620bfd66923b2
Let me count the ways
Also, and related, short of firing Powell (or trying, anyway) screwing with economic data would be just about the dumbest (and worst) thing to do
https://apnews.com/article/trump-gdp-economy-government-spending-lutnick-7414ba1bd441bd4bf64620bfd66923b2
Comments
Trump has long confused measurement with reality. Perception is everything to a lifelong con man.
remember moving the path of Hurricane Dorian with a Sharpie?
> “If the government buys a tank, that’s GDP,” Lutnick said Sunday. “But paying 1,000 people to think about buying a tank is not GDP. That is wasted inefficiency, wasted money. And cutting that, while it shows in GDP, we’re going to get rid of that.”
No surprise!
Since the American people are finally getting pissed off at Musk’s March of Destruction thru our govt. agencies, & indiscriminate firings, they’re trying to hide the truth from the same people who are pissed off!
Unfortunately, baswd on their behavior in other examples obfuscation is part of their MO.
Another signpost on the road to dictatorship
Remember, Elon’s got his hands on sensitive data for corporations as well as individuals.
I say, no tax cuts and ACTUALLY REDUCE NATL DEBT.
Lots of bad people/actors have a vested interest in ensuring they continue to win elections.
“We have glorious news for you. We have won the battle for production! Returns now completed of the output of all classes of consumption goods show that the standard of living has risen by no less than 20 per cent over the past year.”
And if DOGE was really a success story its balance sheet of cost v savings would be in the equation.
I'm mildly astonished at all the "oh my, they are breaking another norm, that will be terrible" discussion.
Seriously.
To paraphrase, empires fail slowly, then all at once.
National lands, water rights, etc.
fake news over stupid shit like
Gulf of Whatever.
This can’t come as a surprise to anyone.
And they are just getting started.
Good job America, how could 77 million of you willingly vote for this?
#BuyCanadian
#ExUSAlly
#YouAreOnYourOwn
Data is like a mirror it shows the reality warts and all. Trump doesn't want this.
The per capita GDP has always frightened Trump
I did not think they would just come out and say they plan to make up their own statistics. What is the point of fake statistics if you tell everybody?
No rational, informed observer can argue that this anything other than an act of a fascist regime attempting to obscure (or outright erase) the utter economic devastation they are bringing upon the country and globe.