Off-Topic: Goofy has a short memory
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Name:
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MartiniMan
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Subject:
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Goofy has a short memory
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Date:
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8/2/2025 11:07:52 AM
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BLS had a very sordid history during the Biden admin of announcing robust job numbers to loud fanfare and then quietly revising them. During his four years the total downward revisions were 2.13M. When you are incompetent at your job you just maybe deserved to be fired. That any agency head appointed by Biden still has a job is the most startling thing to me.
As for your prognostication about coming economic news, anything is possible. As for tariffs, it looks like the courts are going to take that weapon away from Trump and return it to Congress. Which means it ceases to be a useful tool. Those countries that did deals with him are going to regret it. But the main point I was making is the idiocy of the experts hat claimed we were headed for recession after Q1, which was a direct result of higher than normal imports. It was never negative, just like Q2 is not really 3%, but was far better than the so-called experts expected.
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