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re: Biden's broke generation
Posted on 4/3/24 at 5:10 am to WildTchoupitoulas
Posted on 4/3/24 at 5:10 am to WildTchoupitoulas
quote:
It was particularly funny that the article describing the job market as being strong came out today as February numbers were just released. The OP could have timed his lament a little better.
quote:
the Philly Fed, found that the BLS had overstated payrolls in 2022 by 1.1 million, here we go again, only this time the BLS had overstated payrolls by 800,000 through Dec 2023 (and more if one were to extend the data series into 2024). It's truly statistically remarkable how every time the data error is in favor of a stronger, if fake, economy.
1
Posted on 4/3/24 at 8:47 am to UncleFestersLegs
Oh good. So you're saying the economy's doing so badly that the Fed is about to cut the Federal Funds rate soon? Do you think they're moving up their schedule to bring the rate back down?
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