As Economic Indicators Point to Recession, Trump Moves to Hide Key Data From Public

https://www.commondreams.org/news/how-will-trumps-tariffs-affect-the-economy

by yogthos

4 comments

  2. Biden did the same. We were hearing about how amazing jobs and inflation are. Turns out the jobs are shit, inflation is shit,and most of the movement in the economy is by rich people 

  3. I am 100% anti trump.

    But this isn’t new. Unemployment rates have been manipulated for years. Unemployment is based off of current people seeking full time employment. Not the people who drop out completely. Not the people who take temp gig work or take PT jobs.

    The current employment rate is 4%? Why is everyone on Reddit saying they can’t find a job?

    Real unemployment numbers vs what the government comes up with are two wildly different things.

    A recession is defined by two negative quarters of GDP. Sleepy Joe is like naaahh we good.

    First their was the gold standard. Than fiat currency. We make money come out thin air to loan to banks…

    The USA got away from the petroleum based dollar currency. Aka the petrodollar

    Than everything became shorting, stock buy backs derivatives.

    Too big too fail in 2007/08….
    economic theory really started going out the window.

    Crypto and NFTs this isn’t an economy….shit is now the end of the monopoly game but done electronically from the convince of your smartphone.

  4. If the economy is doing well, why hide the data? Whenever key economic indicators start looking bad, politicians regardless of party try to control the narrative instead of fixing the problem. Transparency should be non-negotiable.

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