Biden’s BLS Overestimated Jobs Numbers by 1.5 Million

[Leo123]

You know the Heritage Foundation came up with project 2025? They’re conservative.

Much better than 1916.

 

[Leo123]

The Power of Ideas

Great read. Basically, the Heritage Foundation emerged out of conservatives being pissed off that public financing of Supersonic Transport was pulled. Ain't that a hoot.

Nothing from the NYT could ever be a 'great read.' It's mind pollution and you're actively spreading it; stop smelling up the place.

 

[Moonglow]

Tell that to your fellow Demwitt MFERs.

The lady doth protest too much.

 

[Leo123]

The lady doth protest too much.

Who? Your sex doll?

 

[yidnar]

Really now, the article I linked, with downward revisions of almost one million jobs, was in August of last year. Isn't the election in November. I watch these numbers every month. I don't know of any months that the revised numbers were delayed. You think you can actually document that, or did you get it from PJ Media?

• • “On August 21[, 2024], while the public waited for the release of the job numbers, some Wall Street firms got a head start as BLS released the numbers to firms that spoke to the agency by phone, potentially giving them an unfair advantage.”
  • “On August 26[, 2024], Chairwoman Foxx and Health, Employment, Labor, and Pensions Subcommittee Chairman Bob Good (R-VA) called out the Biden-Harris administration for exaggerating job growth when revised BLS numbers proved an overestimate of more than 800,000 jobs.”
  • “On September 25[, 2024], to hold BLS accountable for its inability to ensure data is released uniformly and on time, Foxx and Good demanded answers from the Biden-Harris administration.”
  • “On October 25[, 2024], after BLS ignored the congressional request and additional disturbing reports surfaced in the press about BLS actions the day of the job numbers release on [August 21, 2024], the Committee reupped its oversight inquiry and sent a follow-up letter to BLS.”

 

[Winston]

• • “On August 21[, 2024], while the public waited for the release of the job numbers, some Wall Street firms got a head start as BLS released the numbers to firms that spoke to the agency by phone, potentially giving them an unfair advantage.”
  • “On August 26[, 2024], Chairwoman Foxx and Health, Employment, Labor, and Pensions Subcommittee Chairman Bob Good (R-VA) called out the Biden-Harris administration for exaggerating job growth when revised BLS numbers proved an overestimate of more than 800,000 jobs.”
  • “On September 25[, 2024], to hold BLS accountable for its inability to ensure data is released uniformly and on time, Foxx and Good demanded answers from the Biden-Harris administration.”
  • “On October 25[, 2024], after BLS ignored the congressional request and additional disturbing reports surfaced in the press about BLS actions the day of the job numbers release on [August 21, 2024], the Committee reupped its oversight inquiry and sent a follow-up letter to BLS.”

Do you think that proves anything? Not seeing it. We're the job numbers revised down in November? December? Show me the holdback.

And please, where did you get those quotes. Would it be from the Trump Whitehouse. LOL

So ashamed you can't even link it.

 

[Winston]

• • “On August 21[, 2024], while the public waited for the release of the job numbers, some Wall Street firms got a head start as BLS released the numbers to firms that spoke to the agency by phone, potentially giving them an unfair advantage.”
  • “On August 26[, 2024], Chairwoman Foxx and Health, Employment, Labor, and Pensions Subcommittee Chairman Bob Good (R-VA) called out the Biden-Harris administration for exaggerating job growth when revised BLS numbers proved an overestimate of more than 800,000 jobs.”
  • “On September 25[, 2024], to hold BLS accountable for its inability to ensure data is released uniformly and on time, Foxx and Good demanded answers from the Biden-Harris administration.”
  • “On October 25[, 2024], after BLS ignored the congressional request and additional disturbing reports surfaced in the press about BLS actions the day of the job numbers release on [August 21, 2024], the Committee reupped its oversight inquiry and sent a follow-up letter to BLS.”

Why lookie here,

Toward the start of the interview, CNBC host Joe Kernen pushed back on Trump's claims that the Bureau of Labor Statistics had "rigged" job creation numbers against him and debunked a Trump statement that the BLS had covered up negative jobs data revisions under the Biden administration until after the November 2024 presidential election.

Trump, however, insisted that his statements about hiding downward revisions until after the election were correct even though the biggest downward revisions actually occurred in August 2024, well before the election took place.

Commenting on Trump's assertion, Media Matters for America senior fellow Matt Gertz described it as "completely backwards."

"The BLS announcement on November 1 [2024] showed weak growth of 12,000 jobs in October and downward revisions to August/September of 112,000," Gertz explained on X. "Then after the election, the October figure was revised upward. Impossible to tell if Trump is lying, dumb, or sundowning."

'Living in a Fantasy World': Critics Pounce as Trump's CNBC Interview Goes Off the Rails | Common Dreams

Critics slam President Trump for spreading false claims on jobs, gas prices, and trade deals in CNBC interview.

www.commondreams.org

 

[Seymour Flops]

Now we know the truth.

And this is why the head of BLS was fired by President Trump.

All Democratic Party lies, all the time. Aided and abetted by the MSM.

​

The Bureau of Labor Statistics (BLS) under Joe Biden overestimated the number of jobs added by 1.5 million, according to a pro-Trump economist.​

​

Controversy erupted this month after Donald Trump fired Erika McEntarfer, the Biden-appointed Commissioner of the Bureau of Labor Statistics. Regardless of the allegations that she deliberately tried to weaken the latest jobs report to make Trump look bad, anyone who’s been paying attention to the jobs numbers over the past few years understands that numbers were reported high, then quietly revised downward. Something shady has been going on at the BLS. That’s what economist Steve Moore is trying to emphasize.​

​

The Biden administration grossly overestimated job gains, and whereas real wages consistently went down under Biden, the opposite trend is emerging under Trump, based on the data Moore shared.​

​

It is also worth keeping in mind that, as of the start of 2024, the touted “job gains” were going to migrants, including illegal aliens, while U.S.-born men were facing disturbingly high unemployment. While big companies, hotels, and farming conglomerates hired illegal aliens at lower wages, Americans couldn’t find any of the jobs McEntarfer and Biden boasted about.​

​

At an Oval Office presentation Thursday, Moore explained, “I called the President because I had some very good news from some new data that we've been able to put together … I was telling the President that he did the right thing in calling for a new head of the Bureau of Labor Statistics, because this shows that over the last two years of the Biden administration, the BLS overestimated job creation by 1.5 million jobs.”​

​

To call it “a gigantic error” is an understatement. Trump jumped in to say he believes that the BLS under Biden deliberately manipulated the data, but regardless, McEntarfer obviously had a terrible track record.​

​

Moore continued, “We have access to some data that no one else does on what has happened month by month with median household income. This is based on unpublished Census Bureau data. It will be released sometime in the next six months, but we get an advanced look at it. And so I was telling the President, in his first five months in office, starting in January through the end of June, the average median household income adjusted for inflation for the average family in America is already up $1,174.” Trump proudly took the chart from Moore and showed it to the press.​

​

Then, Moore moved on to compare data from under Biden and from under Trump in his first term. “We finally have the 2024 data on what happened with real family income in the United States,” Moore elucidated. “And so what I did was I compared the record in Donald Trump's first term with the Joe Biden first term.”​

​

Even counting in the economic crisis caused by the Covid-19 lockdowns starting in the last year of the first Trump term, as of “2020 we saw a $6,400 real after inflation gain in income for the average family. And that compares with Joe Biden, which was a measly $551. So Mr. President, you get — you gained 10 times more income for the average family than Joe Biden did because of your policies,” Moore concluded.​

​

As noted above, real wages went down consistently under the disaster of Bidenomics. But hopefully, a new era is dawning, and workers can look forward to a slowly strengthening economy and jobs market.​

Biden’s BLS Overestimated Jobs Numbers by 1.5 Million

Biden's BLS overestimated job growth by 1.5 million, sparking controversy and claims of manipulation.

pjmedia.com

Trump is far too kindhearted. He let her stay and she found a pipsqueak way to avenge the loss in 2020.

He probably figured, 'Yes, I gotta purge the Deepstate from the DOJ/FBI, Homeland Security, Secret Service (for damn sure!), etc. But Bureau of Labor Statistics? A bunch of egghead math majors, why would they want to screw me over? Let 'em stay; what's the worst that could happen?'

Every Biden or Obama holdover must go. If we get sixty senators, we can get rid of the Biden/Obama judges through the impeachment process.

Time to recapture America on behalf of Americans.

 

[Seymour Flops]

Why lookie here,

Toward the start of the interview, CNBC host Joe Kernen pushed back on Trump's claims that the Bureau of Labor Statistics had "rigged" job creation numbers against him and debunked a Trump statement that the BLS had covered up negative jobs data revisions under the Biden administration until after the November 2024 presidential election.

Trump, however, insisted that his statements about hiding downward revisions until after the election were correct even though the biggest downward revisions actually occurred in August 2024, well before the election took place.

Commenting on Trump's assertion, Media Matters for America senior fellow Matt Gertz described it as "completely backwards."

"The BLS announcement on November 1 [2024] showed weak growth of 12,000 jobs in October and downward revisions to August/September of 112,000," Gertz explained on X. "Then after the election, the October figure was revised upward. Impossible to tell if Trump is lying, dumb, or sundowning."

'Living in a Fantasy World': Critics Pounce as Trump's CNBC Interview Goes Off the Rails | Common Dreams

Critics slam President Trump for spreading false claims on jobs, gas prices, and trade deals in CNBC interview.

www.commondreams.org

Matt Gaetz is suddenly your trusted source?

 

[Winston]

Matt Gaetz is suddenly your trusted source?

Matt Gertz, you flippin dumbass.

 

[Seymour Flops]

Matt Gertz, you flippin dumbass.

I thought you had mispelled it.

So, who is "Matt Gerts" that I should listen to him about anything?

Let me guess: He's some guy who makes a living by whining about talk Radio and Foxnews, that the liberal media likes to quote so that it's not them complaining about being beaten at every turn in ratings, but some expert? Some "expert" with no advanced degree and whose husband works for the liberal media?

As I said on another thread, the liberal media pulls in obscene profits by keeping the gullible in thrall.

 

[Dragonlady]

Now we know the truth.

And this is why the head of BLS was fired by President Trump.

All Democratic Party lies, all the time. Aided and abetted by the MSM.

​

The Bureau of Labor Statistics (BLS) under Joe Biden overestimated the number of jobs added by 1.5 million, according to a pro-Trump economist.​

​

Controversy erupted this month after Donald Trump fired Erika McEntarfer, the Biden-appointed Commissioner of the Bureau of Labor Statistics. Regardless of the allegations that she deliberately tried to weaken the latest jobs report to make Trump look bad, anyone who’s been paying attention to the jobs numbers over the past few years understands that numbers were reported high, then quietly revised downward. Something shady has been going on at the BLS. That’s what economist Steve Moore is trying to emphasize.​

​

The Biden administration grossly overestimated job gains, and whereas real wages consistently went down under Biden, the opposite trend is emerging under Trump, based on the data Moore shared.​

​

It is also worth keeping in mind that, as of the start of 2024, the touted “job gains” were going to migrants, including illegal aliens, while U.S.-born men were facing disturbingly high unemployment. While big companies, hotels, and farming conglomerates hired illegal aliens at lower wages, Americans couldn’t find any of the jobs McEntarfer and Biden boasted about.​

​

At an Oval Office presentation Thursday, Moore explained, “I called the President because I had some very good news from some new data that we've been able to put together … I was telling the President that he did the right thing in calling for a new head of the Bureau of Labor Statistics, because this shows that over the last two years of the Biden administration, the BLS overestimated job creation by 1.5 million jobs.”​

​

To call it “a gigantic error” is an understatement. Trump jumped in to say he believes that the BLS under Biden deliberately manipulated the data, but regardless, McEntarfer obviously had a terrible track record.​

​

Moore continued, “We have access to some data that no one else does on what has happened month by month with median household income. This is based on unpublished Census Bureau data. It will be released sometime in the next six months, but we get an advanced look at it. And so I was telling the President, in his first five months in office, starting in January through the end of June, the average median household income adjusted for inflation for the average family in America is already up $1,174.” Trump proudly took the chart from Moore and showed it to the press.​

​

Then, Moore moved on to compare data from under Biden and from under Trump in his first term. “We finally have the 2024 data on what happened with real family income in the United States,” Moore elucidated. “And so what I did was I compared the record in Donald Trump's first term with the Joe Biden first term.”​

​

Even counting in the economic crisis caused by the Covid-19 lockdowns starting in the last year of the first Trump term, as of “2020 we saw a $6,400 real after inflation gain in income for the average family. And that compares with Joe Biden, which was a measly $551. So Mr. President, you get — you gained 10 times more income for the average family than Joe Biden did because of your policies,” Moore concluded.​

​

As noted above, real wages went down consistently under the disaster of Bidenomics. But hopefully, a new era is dawning, and workers can look forward to a slowly strengthening economy and jobs market.​

Biden’s BLS Overestimated Jobs Numbers by 1.5 Million

Biden's BLS overestimated job growth by 1.5 million, sparking controversy and claims of manipulation.

pjmedia.com

When you're using the Heritage Foundation and PJMedia as your sources, you truly have NOTHING.

Liars, crooks and fools, all of them.

 

[Nuthin' Fancy]

Trump is cleaning house.

The only thing Trump is cleaning is his colon.
Usually...........In his diaper.

 

[Lesh]

noticed that you didn't mention that a huge number of revisions downward were withheld until after the 2024 election . they revised several MONTHS worth of data after the election ..

So the “problem” is that jobs numbers were revised lower… under Biden and Trump

 

[Dragonlady]

I thought you had mispelled it.

So, who is "Matt Gerts" that I should listen to him about anything?

Let me guess: He's some guy who makes a living by whining about talk Radio and Foxnews, that the liberal media likes to quote so that it's not them complaining about being beaten at every turn in ratings, but some expert? Some "expert" with no advanced degree and whose husband works for the liberal media?

As I said on another thread, the liberal media pulls in obscene profits by keeping the gullible in thrall.

You mean like FOX News paying out $875 million dollars for lying to the American people about the 2020 election which wasn't stolen???????

Rupert Murdoch didn’t bat an eye writing that cheque. The stock didn’t even take a hit.

 

[Leo123]

When you're using the Heritage Foundation and PJMedia as your sources, you truly have NOTHING.

Liars, crooks and fools, all of them.

Prove it.

 

[Dragonlady]

Prove it.

Project 2025 lays out the Heritage Foundation's plan for America. Overthrowing the Constitution and installing an authoritarian white nationalist government.

Project 2025, Explained | American Civil Liberties Union

Learn more about the Heritage Project initiative that threatens to erode our democracy — and how to fight it at ACLU.org.

www.aclu.org

PJMedia.com is a conspiracy theory website with ZERO credibility.

PJ Media - Bias and Credibility

QUESTIONABLE SOURCE A questionable source exhibits one or more of the following: extreme bias, consistent promotion of propaganda/conspiracies, poor or no

mediabiasfactcheck.com

 

[Seymour Flops]

You mean like FOX News paying out $875 million dollars for lying to the American people about the 2020 election which wasn't stolen???????

Rupert Murdoch didn’t bat an eye writing that cheque. The stock didn’t even take a hit.

Neither did CBS when they wrote their check to Trump.

Who wins what case is largely a function of which judges the cases end up in front of.

 

[Leo123]

Project 2025 lays out the Heritage Foundation's plan for America. Overthrowing the Constitution and installing an authoritarian white nationalist government.

Project 2025, Explained | American Civil Liberties Union

Learn more about the Heritage Project initiative that threatens to erode our democracy — and how to fight it at ACLU.org.

www.aclu.org

PJMedia.com is a conspiracy theory website with ZERO credibility.

PJ Media - Bias and Credibility

QUESTIONABLE SOURCE A questionable source exhibits one or more of the following: extreme bias, consistent promotion of propaganda/conspiracies, poor or no

mediabiasfactcheck.com

Total Marxist propaganda. Heritage foundation has been around forever. Your TDS is rotting your brain.

 

[Dragonlady]

I thought you had mispelled it.

So, who is "Matt Gerts" that I should listen to him about anything?

Let me guess: He's some guy who makes a living by whining about talk Radio and Foxnews, that the liberal media likes to quote so that it's not them complaining about being beaten at every turn in ratings, but some expert? Some "expert" with no advanced degree and whose husband works for the liberal media?

As I said on another thread, the liberal media pulls in obscene profits by keeping the gullible in thrall.

You mean like FOX News paying out $875 million dollars for lying to the American people about the 2020 election which wasn't stolen???????