Economists waving red flags on the economy.

National Association of For Business Economics (NABE) surveyed 159 economists who are know cautioning that tariffs, the recently-passed tax and spending bill, the crackdown on immigration, Trump's interference with the Federal Reserve, and the administration's management of government economic statistics are all likely to damage the economy in some way. https://www.investopedia.com/economists-pan-trump-economic-agenda-11796051?hid=d290ac27e693638f049dff61a2efce31b56d5d63&did=19197612-20250826 #NABE #Economy #Economists #Tariffs #Immigration #Fed #FederalReserve #BLS #EconomicStatistics

IN LESS THAN A WEEK, the #BLS would normally release the #Jobs & #Unemployment numbers for the month of August.

ONE OF TWO THINGS WILL HAPPEN:

Either the numbers will be absurdly good as his hand-picked Statisticians at the BLS do exactly what he accused the fmr Chairperson of doing: lie…

or…

they won't release any numbers b/c they'll be so bad. #Predictions

#HowardLutnick at #Trump's cabinet meeting:

> "The Department of Commerce is going to start issuing its statistics on the #blockchain, because you are the #crypto president. And we are going to put out #GDP on the #blockchain so people can use the blockchain for data distribution."

It's worth noting that once you put some numbers "on chain" you can pretend they are "immutable". this could be relevant in a world where statisticians have recently been fired for revising numbers downwards (AKA "the world of the United States").

https://x.com/tracyalloway/status/1960408102387507680

#BLS #statistics #laborstatistics #uspol #corruption #lutnick #uspolitics

Data war risks creating false calm
"BLS #payrolls #data .. has been under scrutiny for years, not because of fears of bias, but because of low #survey #response rates & delays, which hv often resulted in large changes to past data. Te most recent report contained one of te biggest downward #revisions in decades.. What's more, similar questns abt #datacollection hv been lobbed at te #BLS regard'g its compilation of #monthly #consumer & #producer #price reports" #integrity
https://www.bangkokpost.com/opinion/opinion/3089191/data-war-risks-creating-false-calm

On a whim, after reading (again) of the #TrumpVirus epidemic of "disappearing" people without #DueProcess ...

I asked Chat GPT / #AI what the numbers are, comparatively, between incidents of people "eating the dogs" vs. being disappeared.

I got the standard disclaimer/lecture about using actual data provided by real sources; & the dog-eating story is false. I should consult with government sources for reliable data.... um...

OK, so where can we go in the aftermath of Trump's axing the #BLS?

#PresidentGaslight is all over Fox (natch) crowing that "restaurant bookings in #DC have skyrocketed" since he took over the city [implying people now feel safe to go out.]

Of course, it's total bull$#!+. He probably heard the hard truth and he's #Gaslighting everyone into believing the exact opposite (b/c any fact that makes him look bad must be "#FakeNews" or part of a plot to make him look bad... see #BLS.) 🤦‍♂️

"In the months leading up to the January 6 Capitol riot, a now deleted Twitter account bearing the full name of E. J. Antoni, President Donald Trump’s pick to run the Bureau of Labor Statistics (BLS), betrayed a seeming obsession with promoting election denial conspiracy theories while talking about violent threats to those who stood in Trump’s way.

The account, which used “Dr. Erwin J. Antoni III” as its screen name for a time, was linked by the conservative Heartland Institute think tank when referring to Antoni in a 2020 post on Twitter promoting one of its own YouTube videos in which he appeared. A WIRED review of an archive of the account’s posts shows that in the months leading up to the attack on the Capitol, it spread baseless conspiracy theories about the 2020 election and shared content from The Donald, a virulently pro-Trump message board that was used to organize the events of Jan 6, 2021.

One of the final posts on the now deleted account used violent religious rhetoric in the hours before the assault on the Capitol began.

“Samson has his arms around the temple pillars, and though he may not survive, he will bring it all down on his enemies,” the account posted late on January 5, 2021, in response to a Twitter post from Trump calling on Republicans to “FIGHT.“"

https://www.wired.com/story/twitter-ej-antoni-trump-bls-conspiracy-theories-epstein-covid-election-denial/

#USA #Trump #BLS #LaborStatistics #ConspiracyTheories

An Account Using the Same Name as Trump’s BLS Pick Posted Red-Pilled Conspiracy Theories

A WIRED review of a now deleted Twitter account that used the screen name “Dr. Erwin J. Antoni III” shows it posted conspiratorial content about the 2020 election, Covid-19, and Jeffrey Epstein.

WIRED
Wired has unearthed a deleted #Twitter account that bears the name of #EJAntoni, #Trump nominee to run the #BureauofLaborStatistics #BLS. The account, which was active at least between September 2019 and January 2021, trafficked heavily in the #BigLie but also embraced a host of other #MAGA #conspiracy #theories https://www.wired.com/story/twitter-ej-antoni-trump-bls-conspiracy-theories-epstein-covid-election-denial/
An Account Using the Same Name as Trump’s BLS Pick Posted Red-Pilled Conspiracy Theories

A WIRED review of a now deleted Twitter account that used the screen name “Dr. Erwin J. Antoni III” shows it posted conspiratorial content about the 2020 election, Covid-19, and Jeffrey Epstein.

WIRED
“You can’t run a country, or any organization, without reliable data, and firing the head of a #statistics agency because you don’t like the numbers it produces starts a path the #UnitedStates does not want to go down. At the other end lies a ruined #economy and a damaged #democracy.”–Andreas V. Georgiou, the former president of the Greek national statistical office #BLS #data #trump #maga #firing #facts not #lies #government #politics #finance #economics #jobs #employment #unemployment

"It never fails. You maintain one Twitter account that posts COVID conspiracy theories, attacks on the Black Lives Matter movement, and misogynistic cracks that Kamala Harris got where she is through a combination of blowjobs and more blowjobs, and the woke Left says you shouldn’t run a hugely important federal agency that you were already in no way qualified to run."

~ Gary Legum

#Trump #EJAntoni #BLS #Jan6
/4

https://www.wonkette.com/p/how-dare-you-say-i-ej-antoni-am-unqualified

How Dare You Say I, EJ Antoni, Am Unqualified For This Job Just Because I'm Unqualified For This Job

The next head of BLS responds to criticism.

Wonkette