Trump Tries to Hide it....
Summary
Justin Wolers, Chief Economist of the MeidasTouch Network, discusses the alarming politicization of US economic data under the Trump administration. He highlights recent red flags, including the Census Bureau’s release of a partisan report on the 2020 election and the Commerce Department’s removal of rules banning political interference in statistics. While emphasizing that official agencies like the BLS currently remain independent and accurate, Wolers warns that the removal of these safeguards threatens the integrity of public data. He urges listeners to trust existing official statistics…
Topics discussed
Overview of grim economic data and consumer expectations
Concerns about data integrity and Trump's history with numbers
Introduction of guest Justin Wolers and the threat to BLS
Red flags in data production and the need for fortifications
The danger of a post-truth society and the value of truth
Independence of statistical agencies and the nature of estimates
Historical norms of political truth vs. current fabrication
The suspicious Census Bureau report on the 2020 election
Flawed methodology and propaganda in the Census report
Defense of Census staff and the 'canary in the coal mine'
Howard Lutnick removing rules against political interference
Comparison to other regimes and the danger of joining that club
Personal impact on educators and the intrusion of 'MAGA math'
Advice to remain rooted in reality and trust the facts
The need for stronger safeguards and future legislative action
Promotion of Platypus Economics and Midas Touch content
Closing remarks and book pre-order announcement
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