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Bernardo de La Paz

(60,320 posts)

17. Cynicism blinds many people. A form of confirmation bias.

Wed Jul 30, 2025, 08:44 AM

Jul 2025

Figures run your way? Big news.
Figures run against you? Don't believe them! Corrupt!

There are plenty of reasons the numbers have come out the way they have and they can be discovered by digging a bit deeper. But very few here dare question their own confirmation bias.

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U.S. economy grew at a 3% rate in Q2, a better-than-expected pace even as Trump's tariffs hit [View all] BumRushDaShow Jul 2025 OP

Am I supposed to believe that? JMCKUSICK Jul 2025 #1

Always my first response. How do you believe a bunch of liars? mdbl Jul 2025 #39

I just think of it as Trumpaganda. ananda Jul 2025 #40

This is due to a downturn in imports and an uptick Phoenix61 Jul 2025 #2

The reported GDP numbers are inflation-adjusted, that's why it's called "real GDP" progree Jul 2025 #24

Flipped. Igel Jul 2025 #42

Maybe for the upper class................. Lovie777 Jul 2025 #3

And people that i know of, losing their jobs LisaL Jul 2025 #14

Well, that's what's important, isn't it? OldBaldy1701E Jul 2025 #41

Sure it did Bluestocking Jul 2025 #4

And the inflation indicator was much lower than forecast FBaggins Jul 2025 #5

According to who? Miguelito Loveless Jul 2025 #6

The Bureau of Economic Analysis FBaggins Jul 2025 #10

No part of the government is independent anymore. NutmegYankee Jul 2025 #15

Thank you for pointing out the facts, even if they run counter to the rampant confirmation bias on full display here. nt Bernardo de La Paz Jul 2025 #18

We're consistent here: Good economic numbers result in endless charges of "cooked books" and "Krasnov manipulation" progree Jul 2025 #29

So, no one there Miguelito Loveless Jul 2025 #33

Yes... you're being paranoid FBaggins Jul 2025 #36

I don't remember the "previous 3.7%", but you are right -- progree Jul 2025 #26

A cooked book diversion from epstein Javaman Jul 2025 #7

Not cooked, not a diversion though it was seized upon by cheerleader-in-chief Hassett, number one economics toady Bernardo de La Paz Jul 2025 #32

Marketwatch warned yesterday that the GDP number would be high, but not because economy is great progree Jul 2025 #37

I am nor rooting against the U.S. economy. n/t speak easy Jul 2025 #8

I'm not rooting against the economy but...there have been warnings from economists about book-cooking Maeve Jul 2025 #9

Warnings only. None of them say it is occurring. None of them distrust the figures at this point. . . . nt Bernardo de La Paz Jul 2025 #22

Of course, the media is ALL over this. So eager to give the orange asshole some credit. hamsterjill Jul 2025 #11

I am having trouble believing it as well. LisaL Jul 2025 #12

I retired this spring from a national homebuilding company hamsterjill Jul 2025 #16

Bullshit! The RMVP was more belivable than our current commerce department. NutmegYankee Jul 2025 #13

Cynicism blinds many people. A form of confirmation bias. Bernardo de La Paz Jul 2025 #17

Maybe it would be easier to believe LisaL Jul 2025 #19

There are legitimate reasons why the figure is up even while you see anecdotal evidence against it Bernardo de La Paz Jul 2025 #20

I am living the "anecdotal evidence." LisaL Jul 2025 #21

Yeah, the economy is not homogeneous so it's can be hard to reconcile sometimes. unblock Jul 2025 #25

Yeah, I have access to a lot of private business data, and what we're seeing aligns with decent gdp growth unblock Jul 2025 #23

Frontrunning tariffs with imports juiced the numbers bucolic_frolic Jul 2025 #27

If "they" tell you things are good then by god things are good - next question? walkingman Jul 2025 #28

Statistics coming out of this administration are not credible Ritabert Jul 2025 #30

Yet the price gouging at the kitchen table continues. I have yet to see a any type of relief from grocery prices Cheezoholic Jul 2025 #31

I keep waiting for the economic problems that were forecast during the Trump presidency, where are they in the numbers? dem4decades Jul 2025 #34

The last CPI report was kinda hot, and people here took it as confirmation that tariffs and immigrant labor shortages progree Jul 2025 #38

Fake news Rebl2 Jul 2025 #35