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> We didn’t need to see resignations because they were fired when the numbers weren’t good, in his opinion, previously.[1] I mean no disrespect, but I have bee
by disgruntledphd2 9d ago
> We didn’t need to see resignations because they were fired when the numbers weren’t good, in his opinion, previously.[1]
I mean no disrespect, but I have been following this story, as I am very interested in the quality of official statistics.
He did fire the BLS head, then tried to appoint a toady, but basically the big IB and investors threw a fit (along with some Senators) and it didn't happen.
So I regard most of the weirdness in these numbers since Covid as an artifact of the seasonality models breaking down, rather than some nefarious actions.