XPost: alt.fan.rush-limbaugh, alt.politics.republicans
So Trump is correct once again.
'BLS had big problems with data manipulation, 2024 internal report
shows'
<
https://www.americanthinker.com/blog/2025/08/bls_manipulated_data_for_years_2024_internal_report_shows.html>
'Days after President Trump fired Bureau of Labor Statistics chief Erika McEntarfer, a Biden appointee who repeatedly released bad data on jobs
creation with big revisions afterward, the establishment left continues
to howl about President Trump.
It's like they like bad data.
Here's Larry Summers making the television rounds, defending the
indefensible:
Now writer Don Surber has discovered a doozy of a BLS internal report
from 2024, reported by Bloomberg News, that the agency has been
mismanaging data up the wazoo.
According to Bloomberg:
The US Bureau of Labor Statistics is “not sufficiently focused” on how
it disseminates key economic data and a revamp of the agency’s culture
is required, according to a report commissioned after a series of
botched releases.
The Labor Department, which oversees the BLS, ordered the independent
review to examine “procedures and practices for the equitable and timely provision of data to the public.” The findings of the 60-day external
review were published Tuesday and included a number of recommendations
to improve processes and communications.
“We have already begun the work of turning the team’s recommendations
into a roadmap to recommit our agency to data security and equitable
access to data,” BLS Commissioner Erika McEntarfer said on a call
Tuesday.
Well, she didn't.
This corresponds pretty well to the problems President Trump cited on
the day he gave her the boot:
Trump fires BLS commissioner, Erika McEntarfer
pic.twitter.com/5opgVmP7iQ
— zerohedge (@zerohedge) August 1, 2025
Note that he didn't object to the data itself, as Summers and his
buddies claimed; he objected to the constant revisions of the data, big, unprecedented revisions, released at politically sensitive times, always
good for the Democrats and always bad for the Republicans, pretty well nullifying the purpose of collecting data at all.
She also said she'd have the problems under control -- and she didn't,
so out she went.
The Bloomberg report is more disturbing than just major revisions of
data that Trump cited.
Deep in the Bloomberg story, there are doings like this:
The report was commissioned after several incidents around data releases
raised questions about how some of the world’s most sensitive economic information gets disseminated. In August, the BLS provided at least
three Wall Street firms with highly anticipated figures on revisions to
US payrolls — all while the official release was delayed on its website.
The episode not only sparked outrage among investors but also on Capitol
Hill, where key Senate Republicans charged the BLS with its “continued failures” in producing crucial economic data and demanded answers to questions around its data release protocols.
Other incidents earlier in the year raised similar concerns. In May, the
BLS inadvertently published inflation data a half hour before the
scheduled release time, and separately a BLS economist disclosed
internal data to an exclusive group of analysts he described as “super users.”
BLS claimed innocent human error around these releases of data to
insiders first instead of everyone, but nobody believes that. Billions
of dollars of trades are on the line and equal access to data is
ingrained in every player, government and traders alike, ever since the
dawn of Wall Street. Any uneven release of data is inside trading, and
release of data to privileged cronies over others is politicization of
data.
Which is where Trump had the problem. The woman promised to reform her
data mishandling, which stretches way back, and she went right back to
business as usual, manipulating the data for political purposes in a
variety of ways.
Economics powerhouse Alan Reynolds found these problems, too:
It's possible she turned to erratic, revised, and made-up releases in
response to no longer being able to release data to cronies. Maybe that
was a substitute of sorts. It would be interesting to know if her net
worth has grown suddenly as it does for many on Capitol Hill.
The bottom line is that Trump saw right through it. He put a stop to it.
Now maybe the markets can function again as they are supposed to.
Thank you, President Trump'
--- SoupGate-Win32 v1.05
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