Tuesday, August 22, 2023

Fudging The Numbers Biden Bureau of Labor Statistics Style

Every time the Biden Administration touts great numbers in employment, the numbers  trumpeted as signs of a great economy under Biden, but then are later quietly "revised"  -- meaning majorly reduced, often by astonishing amounts.

Mish Talk: BLS Job Revisions Show Every Job Report in 2021 Was Total Garbage

December 2022:  Biden administration overstated Q2 job growth by 1 million: Philadelphia Fed 

And today, via Instapundit:  UNEXPECTEDLY!  500,000 jobs could disappear in dramatic revision of US government data: report.

Funny, that.  Rather remarkable consistency in overstating the jobs created, and then quietly and without much, if any, coverage revising it downwards.

In short, under Biden, the Bureau of Labor Statistics reports appears to have been consistently politicized to support the administration.  BLS reports initially depict a rosy and growing jobs market to support Bidenomics when the actual facts quietly once revised after the announcement has been made reveal it not to be true.

3 comments:

ccm2361 said...

Following the Obama playbook to the letter

Matthew W said...

ccm2361 said...
Following the Obama playbook to the letter


Used to love hearing the monthly Obama numbers and then next month, they were quietly revised DOWN !!!

Aaron said...

ccm2361: Yes, indeed they are.

Matthew W: Of course, they'd never flat out lie, they're only rigging or "enhancing" the numbers. But yep,their numbers are faker than a three dollar bill.