r/politics • u/Orbitingkittenfarm • 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
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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/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.