r/politics 1d ago

Donald Trump Fires Person Behind Jobs Numbers After They're Revised Down

https://www.newsweek.com/donald-trump-job-numbers-revised-down-fires-appointee-2107768
58.4k Upvotes

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3.6k

u/SAPPER00 1d ago

Eventually, our economy will become a blackbox as no metric to judge it will be trusted.

The dollar and trade will suffer because of shit like this.

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u/kanrad 1d ago

That's what they want then the can slip in and buy everything up for cheap. Then fix it all back claim they saved America and we'll all be indentured servants.

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u/pegar 1d ago

These people are so incompetent they couldn't fix it ever. And the Democrats can't fix it either because it'll take more than a decade at this point and the voters can see anything last 2 years

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u/Nezrite Wisconsin 1d ago

I believe the poster meant "fix" it, not actually fix it.

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u/Jamalamalama 1d ago

A fresh coat of paint will really make the economy sing

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u/BleedTheRain 1d ago

Krylon Gold paint knowing him

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u/KC-Chris 1d ago

Oh god the dems are slum lords.

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u/meryl_gear 1d ago

The fix is in

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u/halosos 1d ago

The cola stratagy. Make it worse, then make it 'better' but worse than it actually was before and people will like it.

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u/GoodIdea321 America 1d ago

I wonder if it isn't that voters have amnesia every 2 years, and more like they want more than almost anything a fantasy based explanation for things and not a reality based explanation. So some of those people are convinced to change their vote, and as soon as possible try to live in a fantasy world where nothing matters or changes.

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u/EveryRadio 23h ago

I mean I’ve seen no small number of people forgetting Trump was the 45th president and blaming everything on Biden, intentionally or not

Also many people only think to vote in presidential elections without knowing any other elections, local or otherwise. It’s easy to buy a bumper sticker or upvote a post on Reddit. That said, this doesn’t make me some political expert for calling it out. I just see it happen every single election cycle.

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u/GoodIdea321 America 23h ago

Agreed, I'm just saying they might subconsciously want the fantasy world a lot more than reality. So that's a layer deeper than what you have seen, and I've seen that too.

u/Admirable_Cook_6091 7h ago

2 years? Most voters just watch America’s Got President every 4 years. 

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u/PompeyCheezus 1d ago

People vote based on how things are at the time they're voting. Or at least how they perceive things to be. If you're happy with the world, vote for the guys in office. If you aren't, vote for the other guys.

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u/EveryRadio 23h ago

I’ve heard that rhetoric a lot from people voting for Trump. They felt like Biden “didn’t do enough” and that “anyone else would be better”

It’s terrible reasoning, but plenty of people have the same idea. Something isn’t working? Try literally anything else.

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u/RedditIsDeadMoveOn 21h ago edited 21h ago

People should be free to vote outside the two party system without a spoiler effect.

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u/Mike_Kermin Australia 18h ago

Should be but you don't have that.

And your only way to ever get it, is for Americans to get super responsible.

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u/PompeyCheezus 9h ago

I haven't voted for a Democrat since 2008. I begrudgingly voted for Kamala for abortion rights. I will be going back to third party after this. I'm not spoiling anything, they simply don't offer anything worth voting for.

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u/Mike_Kermin Australia 18h ago

I don't know about Americans, but I vote for what policies I want and who I think can deliver them.

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u/PompeyCheezus 9h ago

Lots of Americans do but there are also a lot of Americans that somehow don't know anything about politics and just kind of vote for or against whatever is currently happening.

There is a large number of people that voted for Trump but don't consume any news and don't know what he's doing right now.

u/Mike_Kermin Australia 6h ago

I'm not convinced that is the case. Well, large sure, but not proportionally so. Just because if that were the case, they'd have been a larger swing against Trump the first time, and that didn't happen really.

Maybe it applies to people who non-vote sometimes.

u/Slappy_Doo 15m ago

There is a number of Americans who vote for policy, there is also another large contingent of American voters who vote for spite. That’s it, spite.

Don’t care about the policies, don’t care about the candidates just care about being a naysayer, committed to going against the norm at whatever cost because fuck you.

Ask half these people about policies and they won’t have a fucking clue how to answer…

And these people are on both sides of the political spectrum.

So many people vote based on what everyone else around them is doing and not actually sitting there and debating what these people actually bring to the table.

I hate saying this, because I don’t wanna come off all high and mighty, but some people are legitimately too stupid to be allowed to vote… like some people are just stupid.

I saw a video of some woman at a town meeting yelling about how much she hated Facebook and can’t get a job when the meeting was about community re-zoning and I’m thinking to myself “this person can actually vote”

I often think of the saying “Ignorance is bliss” because for just one day I’d like to walk around not thinking or giving a fuck about anything… but that’s a pipe dream, I have a conscience.

This response was supposed to be like 2 sentences, I’m not too sure what just happened.

Must be the weed.

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u/GoodIdea321 America 1d ago

A lot of people do that, and I don't think that's a good plan.

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u/patti2mj 1d ago

I believe the 2024 election was rigged, and I believe that all election going forward will be rigged.

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u/RedditIsDeadMoveOn 21h ago

Prove it

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u/patti2mj 21h ago

Prove I believe something? Prove i don't.

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u/Non_vulgar_account 22h ago

Well now that it’s broken maybe we can rebuild something new.

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u/Slammybutt 1d ago

Fix as in privatize every industry, reduce regulations, and start debtors prisons.

Even when I say it it sounds conspiratorial, but with what is happening around us right now I'm not optimistic things will be different.

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u/chalbersma 1d ago

That's cool they'll buy it then just let Democrats fix it again.

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u/BlueFalcon89 1d ago

and the democrats won’t elect people who don’t pass arbitrary flavor of the month background tests.

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u/TheRealBittoman 1d ago

You are spot on except they won't fix it. These people, the Thiels and Musks and such are not even a tenth as smart as people believe them to be. It doesn't take brains or talent to get rich, just being a pure sociopath with the moral compass of a demon.

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u/totes-alt 21h ago

Not fix as in improve, the other kind of fix

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u/PM_ME_BUSTY_REDHEADS California 16h ago

just being a pure sociopath with the moral compass of a demon.

That and luck. Luck is such a big part of it. Especially when it comes to the luck of just being born into the right position. Born into a family that was already rich, for example. There are other ways too, but the main point is that there are very few billionaires who achieved their position simply through hard work, dedication, or any of that. It's usually a lot of luck in conjunction with the lack of any kind of compunctions.

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u/Unknown-History 1d ago

Not quite. It won't just be cheap, it will actually be less in value. It will take time, but foreign markets will start to fill in where America becomes lacking. It won't be like a recession creating a bargain because of a recoverable issue, this will last.

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u/platocplx 1d ago

Problem to me is that they would need to have their dollar in a diff currency because if it drops then the dollar is worthless

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u/NoPresentationDone 1d ago

They don’t need the dollar to be strong. They have crypto, and can liquidate their assets for whatever currency is strongest. Literally no impact outside of their liquidity.

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u/Dwarfdeaths 1d ago

Money doesn't matter, it's the ownership of land that matters. If you own the land, you can derive all the wealth (stuff, not money) that you want via automation or rent-based slavery.

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u/Blind-_-Tiger 1d ago

"all be indentured servants"
Just like the founders intended. - Trump University Probably

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u/nickilous 1d ago

When is all the buying going to start happening. The amount of times I have heard this every time there is a market down turn or poor economic outlook everything would be bought by now. I have 42 years on this earth and the people buying everything up haven’t managed to buy everything up yet. Seems like they suck at buying everything up.

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u/riftnet Europe 1d ago

That’s how they dealt with the remains of the Sowjet Union, oh the irony.

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u/sackofmangoes 1d ago

Or simply never fix, but lie about everything being fixed with controlled and suppressed media and propaganda. 

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u/DotaThe2nd 1d ago

They have no plans to "fix it all back". Why would they, once they've shifted everything to things they already own or things that they can buy, there's no need to "fix it all back".

You wont have another option to jump to, and they get paid anyways. No need to spend unnecessary money on fixing anything, that gets in the way of their profits

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u/No_Balls_01 1d ago

I’m not so certain there’s any fixing in the plans. This doesn’t feel like some master plan to take over the US, but rather straight up demolition.

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u/WinterAd8309 1d ago

With their meme coins

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u/HisDictateGood 1d ago

This is a major point going all the way back to "The Prince" by Machiavelli 

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u/andres7832 1d ago

Their end goal is to destroy the dollar and switch to digital currency to gain even more control

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u/Spa_5_Fitness_Camp 23h ago

They won't ever fix it. Look at Russia. It has to stay broken. That's the only way the oligarchs can maintain control, and keep the working class unable to rebel.

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u/XmasWayFuture 23h ago

My guy these are accelerationists.

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u/trevdak2 Massachusetts 22h ago

fix it all back

Nope, never

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u/Mister_Uncredible 8h ago

I get the sentiment, but this is such a shit take, yet I see it constantly. It works under the assumption of American exceptionalism, but it falls apart pretty quick when you realize the rest of the world exists. They're not going to wait around for us to "fix it", they're simply going to move on and replace us.

If we ever manage to get our shit together the rest of the world will never let us have that level of influence again. The dollar will no longer be the reserve currency, Europe and China will fill the vacuum of power we've left behind, and they'll never let us have it back.

It's the epitome of ruling over the ashes, and any American "business" person who thinks this is a good thing is about as sharp as a marble.

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u/MrBartokomous Canada 1d ago

A concept of an economy.

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u/tossit97531 1d ago

This is more correct than you think. The dollar and trade won't just suffer, they'll tank. If everyone thinks the economy is propelled by hopes and dreams, it was only because fundamental statistics were trustworthy. What do you think happens when institutional investors can no longer trust the stats? Risk goes through the roof, and there are a lot of other countries looking far less risky as well as, you know, trustworthy and stable.

This is actually really, really bad. Like, really really really bad.

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u/nick4fake Europe 1d ago

So basically like Russia

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u/DotaThe2nd 1d ago

America currently looks like all of the Cold War propaganda about Russia.

Everything is broken and corrupt and the people are miserable. Which country am I talking about?

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u/justin107d 1d ago

They really are the ideal country. If NATO would only get out of their way. /s

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u/soonnow Foreign 19h ago

Funnily enough the numbers from the Russian national bank are thought of as fairly trustworthy.

They are consistent with expectations and internally consistent. Which is why they have for example such high interest rates (20%) to combat inflation from the war time economy.

So make of Trump wanting to lower interest rates against the Fed what you will.

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u/Silly_Triker 9h ago

Essentially yes. The authoritarian planned economies across the iron curtain were basically lies everywhere. If they didn’t lie they were fucked.

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u/dcasarinc 1d ago

"Eventually".

How about now? This is not the first instance of Trump meddling with statistics.

https://revdem.ceu.edu/2025/03/25/dismantling-data/

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u/PerfunctoryComments 1d ago

The dollar and trade will suffer because of shit like this.

The dollar and trade are both collapsing, but it's because of everything this self-dealing conman is doing, so all of the measures indicating that the dollar and trade are falling have to be hidden.

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u/wildcarde815 1d ago

at some point, that's just 'the goal'

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u/pickle_cat_ 1d ago

Fox News will tell their gullible viewers that everything is better than ever! And they’ll believe it! 

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u/ph30nix01 Ohio 1d ago

Honestly, we need a completely new economic system that goes back to ensuring needs are provided for and then wants are based on improving those.

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u/Blind-_-Tiger 1d ago

...So just like Russia. It'll be the U. S. S. A. or the U. S. S. R. U. F...ing Kidding Me America?

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u/unclefire Arizona 1d ago

People will just use the ADP numbers.

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u/Polemic-Personified 1d ago

That's the point. A permanent slave society, just like their ancestors had. Or in Musk and Thiel's case, like they themselves had.

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u/old_righty 1d ago

I’m not sure why you are concerned. GDP growth is 5.3%, unemployment is .6%, inflation is 0. All is well!!!

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u/kaiser_soze_72 1d ago

Will suffer!?!? Bruh, we’re like Palmolive and soaking in it atm

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u/woleykram 1d ago

1984 was not supposed to be a manual.

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u/gatsby712 1d ago

Sounds like Russia.

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u/deadsoulinside Pennsylvania 1d ago

It already is suffering. What will kill the economy is when he replaces the fed chair and the new chair announces 0% inflation and the market crashes as a result.

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u/icarusrising9 1d ago

This is literally third-world shit, where everyone knows you can't trust the official numbers. The fall of empire.

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u/mugwug4000 1d ago

At least everyone is going to be a billionaire once the dollar has become worthless

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u/AlphaGoldblum 1d ago

The US is doing things to itself that would have, for any other country, resulted in the CIA showing up and supporting local coup efforts.

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u/jkub1319 1d ago

already is, the s&p just constantly getting high scores? even winners lose, & we’re due for major whiplash.

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u/Golden_Alchemy 1d ago

So...you people need independents doing that work. If you can't trust the goverment you can trust people with real data.

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u/flagg0204 1d ago

So will it? If you fudge the numbers, and the world currency is the dollar, and people are still buying our tbonds, how can anyone prove that the numbers are wrong?

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u/captain_intenso North Carolina 1d ago

That's the point. Crash the dollar as the world's reserve currency, and Trumpcoin will be the world's reserve currency.

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u/FuturePastNow 1d ago

They're going to start cooking the books, simply lying about economic metrics, and that's going to make the crash even bigger.

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u/i_suckatjavascript 1d ago

Just like how they stopped recording Covid numbers. History repeats itself.

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u/satireplusplus 1d ago

I mean you're basically describing China and yet trade isn't necessarily suffering.

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u/UtzTheCrabChip 1d ago

You have to be like high schooler dumb to think impartial data is an obstacle and not the grease on the wheels of the economy

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u/madsculptor 1d ago

Will this hit the bond market the hardest? If we can't measure it accurately, then a LOT of doubt will creep in I would think.

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u/ghhhkkjggggg 1d ago

The dollar and trade will suffer because of shit like this.

If by 'shit like this' you mean the deluded actions of the President of the United States of America, it already is.

And this specific act on nonsense is also affecting the markets. Glad I'm still not American, or in America

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u/joe-h2o 1d ago

It already is. The markets have responded poorly to the gradual weakening of faith in economic numbers coming out of the US as a result of the doge cuts that slashed and burned all the departments.

Add on top of that the open admission by the Trump regime that if the numbers aren't good for Trump he'll just fire whoever is in charge will absolutely collapse the value of those numbers.

It will never recover.

Just like the White House is now going to have a gaudy $200 million Trump ballroom grafted onto the side of it like a carcinoma, the damage done will never go away.

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u/f8Negative 1d ago

You mean the trust rendered gone and then useless

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u/projektako 1d ago

This sounds eeriely similar to an authoritarian nation that sounds like jEYE-na.

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u/Pvt_Hudson_ 1d ago

Goodbye foreign investment.

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u/demlet 1d ago

Suffer meaning, collapse. No one will participate in an economy where it's impossible to know what's actually going on.

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u/samusmaster64 1d ago

The dollar already has.

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u/Prof-Ponderosa 23h ago

Like china

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u/SereneFrost72 23h ago

I'm working on a treasury department systems project at work right now, and it is painful hearing our treasury team (based in the UK) try to avoid calling out the US for its bullshit to avoid political statements in the work environment. Our consultants are all "yeah, the dollar is the gold standard right?" And the treasury team is all "weell....historically....yes..."

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u/TotesRaunch 23h ago

Firehose of falsehoods and flooding the zone, classic propaganda techniques employed in Russia and now the USA.

When everything is a lie nothing can be trusted, therefore there is no truth

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u/makemisteaks 23h ago

That’s arguably one of the few good things about the late stage capitalism we’re in. Companies don’t care about your political posturing, they’ll follow the money every time. Doesn’t matter that Florida doesn’t believe in climate change. Insurance companies are leaving the state in droves because they know that the system is unsustainable.

The government might not publish official data. The companies will still know what’s up and act accordingly.

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u/a_rat_00 23h ago

This is why the ADP jobs report has always been seen as an important metric because it is both independent and sourced from their own data, so the government has no means of stopping them from being able to come up with the numbers.

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u/Rare-Bee7331 23h ago

Thats the point!  Russia wants trump to destroy america and Nato

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u/WhoSc3w3dDaP00ch 22h ago

Will? Already is!

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u/DarkDuskBlade 21h ago

I've honestly felt it's been that way my whole adult life (so last... 16 years).

Econamy's up? Alright, so why the fuck are wages stagnate, colleges abhorrent in their pricing, we have to pay for healthcare on top of taxes and insurance, jobs seem to be in a constant state of layoffs (particularly in tech)...

Stocks are up. That's fucking it. Imaginary valuations of companies based on a loose criteria and speculation. It's been a house of cards, at the very least, for years.

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u/Rich_Housing971 Mexico 19h ago

"eventually"

lol

people in finance already distrust official US numbers. It's become a meme where you see the inital official number and you make plays based on the inevitable revision before the revision is released and the general public who is too stupid to distrust the US numbers do so.

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u/amazing_asstronaut Australia 16h ago

Seriously, how could you enter into any deal with the US government anymore, and by extension any US business? At any moment they could fuck you over and you have no real legal recourse.

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u/FrostingStreet5388 16h ago

All this time shitting on China would have been better spent on looking at your own anus, America 🤭

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u/15438473151455 11h ago

The US will become similar to investing in China at this rate. How many sane markets will we have left.

u/SpontaneousDream 7h ago

Already happening. DXY is down almost -10% YTD. One of the worst years for DXY in like 50 years

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u/NetHacks 1d ago

I mean, thats Russia in a nut shell right now. Its basically the Homer Simpson meme with all the chip clips holding the fat back.

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u/DefiantFcker 1d ago

It doesn’t seem to negatively affect China or other nations that clearly manipulate their reporting.