Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
In reply to the discussion: ***BREAKING*** TACO gets even more bad news on US economy [View all]
Torchlight
(6,835 posts)42. Mr. trump'll have a tough time spinning this one
Not that I'm happy about bad news tough, it too often seems to trickle down on me. But there is a sense of personal validation in seeing my guesswork spelled out (and typos corrected) in an analysis at the behest of the industry most relevant.
Edit history
Please sign in to view edit histories.
Recommendations
0 members have recommended this reply (displayed in chronological order):
73 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
Um, those "large" revisions for May & June? They actually represent a change of less than one tenth of one percent
Wiz Imp
Aug 2025
#41
That is the procedure. I've explained this multiple times here already but I'll do it one more time.
Wiz Imp
Aug 2025
#45
True, but are good & bad estimates. BLS estimates are GOOD estimates that miss by less than 0.5 pct & 0.1 pct. . . . nt
Bernardo de La Paz
Aug 2025
#58
Right. I just get annoyed when I hear people say something like BLS had to revise the estimates because they were wrong
Wiz Imp
Aug 2025
#61
Bc they are only wrong by less than 0.5 pct. US has about 130-140 million workers
Bernardo de La Paz
Aug 2025
#57
Wondering if he'll hire Alan Weisselberg. He always liked Alan's numbers. nt
allegorical oracle
Aug 2025
#15
Top economist warns the U.S. is 'on the precipice of recession'--and it will be hard for the Fed to come to the rescue
underpants
Aug 2025
#4
Stagflation comes from supply shocks like tariff taxes & labour deportations & ('73, '79) oil embargos
Bernardo de La Paz
Aug 2025
#59
I just hope the 77 million fools feel the pinch of their FAFO actions 100x more than
ffr
Aug 2025
#13
Welcome to Trump's big beautiful stagflation - unemployment goes up AND prices go up
dalton99a
Aug 2025
#18
Well, to be honest, that happened before the orange gibbon got re-elected.
OldBaldy1701E
Aug 2025
#54
It's true! One billion jobs were created last month alone. They are the bigliest numbers ever!
Ray Bruns
Aug 2025
#52
Last year Goldman Sachs projected that the preliminary benchmark revision estimate was overstated by 500,000
Wiz Imp
Aug 2025
#55
Top analyst says the next 5 years could see 'no growth in workers at all' and sends a warning about the fate of the U.S.
Yo_Mama_Been_Loggin
Aug 2025
#44
Has Trump always been like this? At Wharton, did he say bad grades were just "teachers out to make him look bad"?
Beartracks
Aug 2025
#48
No need to worry, this administration will hire 250,000 ICEtopol agents to balance it out. n/t
aggiesal
Aug 2025
#49
He fired his bathroom scale years ago and look what he gained from that. . . . .nt
Bernardo de La Paz
Aug 2025
#60
It's all true. One billion jobs were created last month alone! The numbers are the bigliest in history!
Ray Bruns
Aug 2025
#53