To: fwdude
If the administration were manipulating the numbers, they’d have generated milder, not stronger, growth. At this point, this robust growth only serves to delay the Fed easing rates at this point.
To: Miami Rebel
If the administration were manipulating the numbers, they’d have generated milder, not stronger, growth.
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What would be the rationale for that?
10 posted on
06/07/2024 6:04:07 AM PDT by
Bishop_Malachi
(Liberal Socialism - A philosophy which advocates spreading a low standard of living equally.)
11 posted on
06/07/2024 6:04:07 AM PDT by
TnTnTn
To: Miami Rebel
At this point, this robust growth only serves to delay the Fed easing rates at this point.
The job numbers, even if manipulated, are what most people look at for believing that the economy is performing. The inflation rate and how it affects mortgage rates and the overall economy, don't impress people and generally don't understand it. So, going with 'jobs growth' is easier for people to digest, and democrats are experts at manipulating people, though the jobs numbers are manipulated and will be adjusted downwards next month.
12 posted on
06/07/2024 6:04:59 AM PDT by
adorno
(CCH)
To: Miami Rebel
“If the administration were manipulating the numbers, they’d have generated milder, not stronger, growth.”
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Nearly all their numbers are inflated, and routinely get revised downward. DOWNWARD. If the numbers were legit that kind of thing wouldn’t be going on.
Rising employment numbers are important to politicians. The love to tout “robust growth” as you put it almost more than anything. Its political gold.
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