Economists Raise Questions About Quality of U.S. Inflation Data

JimH52

Diamond Member
Joined
Oct 14, 2007
Messages
52,065
Reaction score
31,027
Points
2,645
Location
US

Some economists are beginning to question the accuracy of recent U.S. inflation data after the federal government said staffing shortages hampered its ability to conduct a massive monthly survey.

The Bureau of Labor Statistics, the office that publishes the inflation rate, told outside economists this week that a hiring freeze at the agency was forcing the survey to cut back on the number of businesses where it checks prices. In last month’s inflation report, which examined prices in April, government statisticians had to use a less precise method for guessing price changes more extensively as they did in the past.

This plays right into the hands of trump. He will brag about the low inflation, while at the same time, assuring it's inaccuracy by, cutting staff at the Bureau of Labor Statistics. There is not evidence of meddling with the data, at this point. But when inflation begins to rise due to his insane, on again, off again tariffs...we better watch what data comes out.
 
"Some economists...." :rofl:

shortbusjump.webp
 

Some economists are beginning to question the accuracy of recent U.S. inflation data after the federal government said staffing shortages hampered its ability to conduct a massive monthly survey.

The Bureau of Labor Statistics, the office that publishes the inflation rate, told outside economists this week that a hiring freeze at the agency was forcing the survey to cut back on the number of businesses where it checks prices. In last month’s inflation report, which examined prices in April, government statisticians had to use a less precise method for guessing price changes more extensively as they did in the past.

This plays right into the hands of trump. He will brag about the low inflation, while at the same time, assuring it's inaccuracy by, cutting staff at the Bureau of Labor Statistics. There is not evidence of meddling with the data, at this point. But when inflation begins to rise due to his insane, on again, off again tariffs...we better watch what data comes out.
Good grief :rolleyes-41:
 

Some economists are beginning to question the accuracy of recent U.S. inflation data after the federal government said staffing shortages hampered its ability to conduct a massive monthly survey.

The Bureau of Labor Statistics, the office that publishes the inflation rate, told outside economists this week that a hiring freeze at the agency was forcing the survey to cut back on the number of businesses where it checks prices. In last month’s inflation report, which examined prices in April, government statisticians had to use a less precise method for guessing price changes more extensively as they did in the past.

This plays right into the hands of trump. He will brag about the low inflation, while at the same time, assuring it's inaccuracy by, cutting staff at the Bureau of Labor Statistics. There is not evidence of meddling with the data, at this point. But when inflation begins to rise due to his insane, on again, off again tariffs...we better watch what data comes out.
Yes......all of the lies from the Biden and Obama administrations weren't questioned. (Biden was sharp as a tack)

But now that the adults are in charge, some economists (who hate Trump) are questioning all of the good economic news coming out of the current administration.
 

Some economists are beginning to question the accuracy of recent U.S. inflation data after the federal government said staffing shortages hampered its ability to conduct a massive monthly survey.

The Bureau of Labor Statistics, the office that publishes the inflation rate, told outside economists this week that a hiring freeze at the agency was forcing the survey to cut back on the number of businesses where it checks prices. In last month’s inflation report, which examined prices in April, government statisticians had to use a less precise method for guessing price changes more extensively as they did in the past.

This plays right into the hands of trump. He will brag about the low inflation, while at the same time, assuring it's inaccuracy by, cutting staff at the Bureau of Labor Statistics. There is not evidence of meddling with the data, at this point. But when inflation begins to rise due to his insane, on again, off again tariffs...we better watch what data comes out.
do they have a capital D behind their name?
 

Some economists are beginning to question the accuracy of recent U.S. inflation data after the federal government said staffing shortages hampered its ability to conduct a massive monthly survey.

The Bureau of Labor Statistics, the office that publishes the inflation rate, told outside economists this week that a hiring freeze at the agency was forcing the survey to cut back on the number of businesses where it checks prices. In last month’s inflation report, which examined prices in April, government statisticians had to use a less precise method for guessing price changes more extensively as they did in the past.

This plays right into the hands of trump. He will brag about the low inflation, while at the same time, assuring it's inaccuracy by, cutting staff at the Bureau of Labor Statistics. There is not evidence of meddling with the data, at this point. But when inflation begins to rise due to his insane, on again, off again tariffs...we better watch what data comes out.
Inflation is lower than it ever was under Biden.
 

Some economists are beginning to question the accuracy of recent U.S. inflation data after the federal government said staffing shortages hampered its ability to conduct a massive monthly survey.

The Bureau of Labor Statistics, the office that publishes the inflation rate, told outside economists this week that a hiring freeze at the agency was forcing the survey to cut back on the number of businesses where it checks prices. In last month’s inflation report, which examined prices in April, government statisticians had to use a less precise method for guessing price changes more extensively as they did in the past.

This plays right into the hands of trump. He will brag about the low inflation, while at the same time, assuring it's inaccuracy by, cutting staff at the Bureau of Labor Statistics. There is not evidence of meddling with the data, at this point. But when inflation begins to rise due to his insane, on again, off again tariffs...we better watch what data comes out.
Even with that… it rose… lead by food prices

 
Even with that… it rose… lead by food prices

Ships are coming into ports partially full. This is just the beginning of stagflation. More to come, hopefully in the run up to mid-terms.
 
Ships are coming into ports partially full. This is just the beginning of stagflation. More to come, hopefully in the run up to mid-terms.
If this is true Progs will do nothing that helps in real terms. They will print up currency and hire more government employees and inflation will spike from it as other agendas like a new green energy scam and massive increases to Medicaid and the latest agenda...Progs will build 3 to 4 million low-income homes in suburbs of cities. You can almost see that roofs will be built over highways where that is possible.
 
After four years of bullshitting and lying about the economy and denying inflation, these Democrats paid economists are concern about inflation data 5 months into Trump presidency.
 
After four years of bullshitting and lying about the economy and denying inflation, these Democrats paid economists are concern about inflation data 5 months into Trump presidency.
The MAGA lied about the best post pandemic. Economy in the world under Biden. They got what they wanted...a Felon who is intent on destroying our nation.
 

Some economists are beginning to question the accuracy of recent U.S. inflation data after the federal government said staffing shortages hampered its ability to conduct a massive monthly survey.

The Bureau of Labor Statistics, the office that publishes the inflation rate, told outside economists this week that a hiring freeze at the agency was forcing the survey to cut back on the number of businesses where it checks prices. In last month’s inflation report, which examined prices in April, government statisticians had to use a less precise method for guessing price changes more extensively as they did in the past.

This plays right into the hands of trump. He will brag about the low inflation, while at the same time, assuring it's inaccuracy by, cutting staff at the Bureau of Labor Statistics. There is not evidence of meddling with the data, at this point. But when inflation begins to rise due to his insane, on again, off again tariffs...we better watch what data comes out.

Should have just changed the definition of inflation like Potato did. You loons thought we wouldn't remember?
 
15th post
Back
Top Bottom