White House May Never Release October Jobs/Inflation Data And Wall Street’s Flying Blind
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The government is open again! Yay! I can finally enter the government again without having to stage an insurrection like last time… ALSO, I can now get my hands on that tasty, tasty jobs and inflation data that I so desperately need to set interest rates…
…wait, what’s that you say? You don’t have the data? Oh… Oh, it’s because you were shut down, so no one was actually collecting the data?
Oh, so that’s what a government does.
Right, that’s cool, no worries, can’t you just gather the data now, like, just a little after the fact? Oh, you don’t want to? OK, that’s fair. Can I ask why not? Because you’re worried that you might have slightly warped statistics? I’m sorry, does economic data have a best-before date? Have the inflation numbers gone moldy?
Or… devious grin… or are you hiding something?
Nah, probs not.
As White House Press Secretary Karoline Leavitt explained, “Democrats may have permanently damaged the federal statistical system with October CPI and jobs reports likely never being released. All of that economic data released will be permanently impaired, leaving our policy makers at the [Federal Reserve] flying blind at a critical period.”
That’s right it’s all the DEMOCRATS fault. Those stinky, fat, long-limbed democrats ruining OUR politics for GOOD this time.
Oh well, I’m sorry The Fed, I guess you’ll just have to lower the interest rates like President Trump has been telling you forever. Hey, I’m sorry, it’s not my fault, don’t blame me, blame those small-assed democrats.
Don’t get the joke? That’s OK. Read this: Bessent Demands Powell Lower Rates By One Million Points
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