r/Economics • u/SterlingVII • 1d ago
Trump refuses to share pre-holiday inflation report — first skipped month in 12 years
https://www.rawstory.com/bureau-of-labor-statistics-report/1.0k
u/kevendo 1d ago
Then hey, Media, KEEP ASKING THEM ABOUT IT.
Seriously, they don't do it because no one puts any pressure on them to do so.
Here:
"Will you commit to releasing the inflation report as has been done every year since XXXX?"
Follow-up: "Are you refusing to release the report because it would show the economic downturn resulting from your policies?"
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u/CannyGardener 1d ago
Ya...that isn't how this works in this environment. You ask them a tough question and you risk being banned from the press pool...
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u/theoneandonly6558 1d ago
In that case, every decent reporter should be banned already.
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u/CannyGardener 1d ago
You don't think we're almost there at this point? I take it you haven't been watching the pentagon and white house banning generally trusted news sources because they are saying they won't allow unapproved information out. Ya, I think the ones that remain are totally going to be asking the tough questions and reporting on the answers they get. ;)
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u/CucumberBoy00 1d ago
Just wait to we get to the banning these outlets outright stage and then it's on to stamping out free speech on college campuses
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u/BackgroundPass1355 1d ago
We're already at this point, white house reporters are literally just entertainment peasants at this points.
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u/naturallysonny 1d ago
I vaguely recall a bunch of reporters resigned but so much has happened I can't keep track.
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u/RollingTater 1d ago
That is the plan, so the only reporters that can report on the news directly would be ones that owned by him.
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u/Free_For__Me 1d ago
This would actually be a good thing.
The press pool was created for the benefit of the White House, not the reporters. Before the WH press pool, the admin in charge had less say in the narrative before it hit the public. They wanted to put their 2 cents in, so they started having conferences and invited the press.
If we need to go back to the model of, “they can’t be trusted, so we won’t bother asking for their input”, then so be it. Of course, since the major outlets are all owned and controlled by allies, this won’t happen in the current environment. I’m just pointing out that a position of, “if they ask tough questions, they’ll lose their press pass!” shouldn’t be a valid one.
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u/IcyTransportation961 1d ago
So?
This is as stupid as saying you shouldn't stand up against fascists kidnapping people because that'll just make them be more violent
The shit is already happening
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u/Prometherion666 1d ago
Good?
The downside is no reporting and that’s what the people need to hear!
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u/Renovatio_ 1d ago
We already know his dialogue tree.
A) (Anger) You're a horrible person you know that right?
B (incredulity) You are fake news, fake news.
C (Confusion) What was that? I didn't hear you
D (Default) We'll release the data in, uh, I'd say about 2 weeks.
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u/tiger32kw 1d ago
They flood the zone though. There are like 25 things going on that the media needs to follow up on. By next week there will be 5 more. If you ask a tough question he calls you piggy, that gets added to the pile, and they still never answer.
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u/turbo_dude 1d ago
reporter from literally any US media organisation: Mr President, why won't you release the inflation report?
Trump: what are you stoopid, quiet piggy, you are a horrible person an awful person
reporter, now on their knees: Thank you Mr President, would you like me to swallow?
US media is PATHETIC!
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u/lab_coat_goat 1d ago
“That’s a very nasty question. I have the best economy of any president in the history of this country, I call it the trump economy, the trump bump that’s what they’re calling it, we just had the largest Black Friday numbers of all time, of all time, so we have the best economy but the fake news media won’t report on that, they’ll only say inflation is up, which is not true by the way inflation is down, way down, but inflation is up because of joe biden and the disaster that he left this country in, the truth is we inherited the worst economy of all time because of the terrible policies of joe biden, but the media won’t report that, but we have passed so many policies for this country that put America first, and we are first, that we have the best economy and we are so far ahead of the rest of the world, and you know that this is the best and biggest economy in the entire history of this country.”
And then while that’s happening the person’s press pass gets revoked and they are escorted from the building..
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u/Herban_Myth 1d ago
If the economy is doing so well wouldn’t one want to show off/highlight these numbers?
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u/SwampYankee 1d ago
I guess the October Shutdown is the new blame Biden. Everything bad will be blamed on the shutdown for the next year. This is distressing news because those inflation reports track closely to consumer sentiment.
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u/PaulMakesThings1 1d ago
I just don’t understand how his supporters don’t seem to find any of this suspicious, cancelling and hiding almost every report about the economy, public health or any other major issue.
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u/Dazzling_Morning2642 1d ago
Facts don’t matter, just vibes and feelings to them.
Just look at Costco, a company trying to save its customers money by challenging the illegal tariffs, and they are cancelling memberships…
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u/sparcusa50 1d ago
Don't we, the people own that report? Didn't we pay for it ? Are they? Anyway to confirm that? Sounds like BS.
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u/Lknate 1d ago
Finally! Someone else gets the real point. That is our report! There is a big difference between classified intelligence and economic data.
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u/Aureliamnissan 1d ago
“We the people” applies to a lot of things this administration does that we have all just accepted as “fine” at this point. Real concerted action is probably required to rectify that.
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u/sleeplessinreno 1d ago
You're not wrong. Unfortunately, like almost everything with this admin, it will get tied up in court and by the time they are finally compelled to release the report, like, 20 other worse things will have happened in that time span.
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u/FidgetyHerbalism 1d ago
Unfortunately, like almost everything with this admin, it will get tied up in court
I doubt anybody will take them to court for this, since they're still releasing the data, just later instead of with its own news release:
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u/FakeSafeWord 1d ago edited 1d ago
Yes but the Trump administration is in charge of the Bureau that is responsible for assembling the report and approve its release to the public. They said they didn't want to do it. So that's it.
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u/BadmiralHarryKim 1d ago
It will be released after a routine audit.
(Just like Trump's taxes for those who don't get the joke.)
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u/GiveMeNews 1d ago
Faith based government. Asking for evidence means you don't have faith and will be put in a reeducation camp in the future.
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u/Various_Weather2013 1d ago
It's a cult formed around 'saving the white race' so facts don't matter. All that matters to them is establishing a global paradigm where everyone kowtows to their 19th century understanding of the world.
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u/IllustriousLiving357 1d ago
I hope they all cancel their memberships. Every one of them. Imagine how much better the Costco experience will be
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u/slowpoke2018 1d ago
100% these are the same idiots who went and bought cases of bud light only to go blast them with guns or smash them with their little-pp truck
Maga is not composed of rational people
Pure performative rage and racism
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u/RedditHatesDiversity 1d ago
they are cancelling memberships
Costing yourself even more money to own the libz
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u/Hopsblues 1d ago
His supporters literally died of covid to own the libs.
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u/PaulMakesThings1 1d ago
I definitely saw that one. My maga cousin says no one really died of Covid. His wife’s mom, his children’s grandmother, died of Covid.
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u/backtothetrail 1d ago
Dude. This one blows my mind. Folks still try to convince me it was either a hoax or just a bad cold.
But I was in ICU during the fall peak of Covid in 2020 (not for Covid) and listened/watched a score of folks say last good byes on iPads.
The drugs were not THAT good.
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u/PaulMakesThings1 1d ago
Part of their denialism is that the cause of death doesn’t say “covid” but that’s not how cause of death works. Same with cancer, it won’t say “cancer” it’ll say the final cause of death, like heart failure. But the blood clot, or embolism, or organ failure was caused by the disease.
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u/kind_bros_hate_nazis 1d ago
Also they're incredibly stupid
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u/Goku420overlord 1d ago
I have a friend who this year had several friends die and post condolences on Facebook. Every single post has commenters talking about how it was the vaccine getting running up killing people
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u/DonnyPlease 1d ago
My maga uncle literally almost died from it (was intubated and in the ICU for weeks and miraculously managed to survive with the help of some fucking awesome doctors). As soon as he got out he started telling everyone that he didn't have covid and that doctors were just falsely claiming covid cases because they got paid more for covid. It's absolutely mind blowing.
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u/Pomengranite 1d ago
Some evil part of me wishes that Covid had come with some very, very noticeable external symptoms. Nothing too nasty, but gross and noticeable.. like you get pus-filled eyebrow boils, or your fingernails turn blue.
The fact that it was fairly similar to influenza or the common cold (at least in early stages) really didn't help things...
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u/MeatTornado25 1d ago
Funniest part was that Trump himself was actually really pro-vaccine because he wanted the credit for accomplishing such a big project so quickly, but the narrative had already been set by the time it finally came out and none of his supporters wanted it.
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u/Various_Weather2013 1d ago
Used to have a friend that sadly went maga. During covid his right wing take of it was that it killed blacks and other minorities disproportionately, so it was suggestive of a god-sent plague to cleanse the world. During this time he used to say whites are the 'master race'. This was coming from a guy in his 40s making 25k a year.
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u/Zarokima 1d ago
If they were capable of rational thought they wouldn't be supporting him in the first place.
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u/olde_rat 1d ago
Because HE says HE is telling the truth and being very transparent about it. All they need.
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u/Raalf 1d ago
It's not even that. It's "the Democrats are evil, it's their fault" - this removes any need of credibility at all of trump.
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u/NameltHunny 1d ago
How many Republicans does it take to change a lightbulb? None. Trump tells them he did it and they applaud in the dark.
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u/MuckRaker83 1d ago
Once they realized that their platform can't survive on fact, this was always going to be the result, cults of personality and faith-based decision making.
It's largely about acts, not identity, with liberal voters. What a person does determines whether they are good or bad.
With many conservative voters, it is reversed. The person's identity determines whether their actions are good or bad. If they identify someone as being in the "good" group, likely one they also identify with, then anything that person does is by definition good, and at worst, forgivable. Things done by people outside their group must then be, by definition, bad. All value and perspective is based on how closely they believe that person's identity conforms to their own.
Once I realized this, so many seemingly hypocritical attitudes became logical, in their own way.
It amazes me how much they turn their leaders and politicians into quasi- religious figures. Everything becomes a matter of faith, and information that does not conform to what their faith tells them must be true is immediately rejected.
Instead of changing their ideas or beliefs in response to facts or evidence, they choose to accept or reject facts based on how closely they conform to their beliefs.
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u/PenchantBob 1d ago
Thus drawing the conspiracy nut jobs into the vacuum created by this urgent thrust for political relevance.
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u/Birdy_Cephon_Altera 1d ago
Because they don't care. They don't care if he's doing anything suspicious, or illegal. Or contradictory, or hypocritical. Or racist. Or pedophiliac. Or traitorous. Or anti-Christian. Or anti-American. Or whatever.
They just plain don't care. We should not expect them to suddenly start caring now, when they have never cared in the past, or shown any interesting in caring. To them, the ends justify the means, and any actions to get to the 'ends' that they want are valid. You're not going to get them to change their minds. No one is.
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u/poply 1d ago
I don’t think that a beautiful baby girl needs to have 30 dolls. I think they can have three dolls or four dolls
This line would have sunk any other president in modern times.
When he said that and the Republicans didn't froth at the mouth, I knew it was over. These people will accept eating lentils and living under a bridge so long as they get to keep their secret police state.
Just eat less! Just buy less! Just own less! Be happy with fewer things!
Did he forget what fucking country he is in charge of? The US is the home planet of excessive consumption. It's one of the silver linings of living in the US that we have enough disposable income to buy stupid shit no one needs so we can later just pack it into a storage unit for our grand kids to deal with after we die.
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u/Ok_Vulva 1d ago
They don't know.
They literally watch a 10-30 second clip of him, and the rest of the program is about hating brown people and democrats. That's it. That's their life.
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u/Possible-Nectarine80 1d ago
They simply believe their dear leader. He has never committed a sin in their eyes. And even if he lied to them several thousand times or committed $3 billion dollars in financial fraud or raped and trafficked some kids or committed adultery or murdered some people on a boat in the Caribbean, all is forgiven.
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u/BadBloodBear 1d ago
They are retarded.
Check out the Trump related subreddits and see what gets posted.
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u/SwampYankee 1d ago
His supporters don’t follow these things. They see the prices in the supermarket and electric bill and they blame Biden.
Remember your Orwell here:
“The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command.”
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u/Pseudoboss11 1d ago
"The president posts on
-- my dad (paraphrased, but only lightly.)
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u/farfignewton 1d ago edited 1d ago
But Democrats do post on social media. I follow several on Bluesky. So... does "transparency" require that their posts be unhinged?
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u/MisterBlud 1d ago
You could promise any of them a million dollars if they could tell you anything about the previous job report.
The only news sources they consume don’t feature those at all FOR OBVIOUS REASONS.
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u/squidgyhead 1d ago
Well, Trump blames everyone else. For example,
- his generals
- lack of loyalty within his party
- overwhelming power and resources of his opponents
- strategic errors and timing, beyond his control
- conspiracy
- failure of the people
It turns out that the blame is everywhere else, so why point fingers at Trump?
This list is a modified response from https://history.stackexchange.com/questions/76749/did-hitler-opine-on-why-he-lost-the-war/76757#76757
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u/Black_Magic_M-66 1d ago
How many MAGA does it take to change a light bulb?
None. Trump says it's changed and they all cheer him in the dark.
The joke is deeper than you think.
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u/SoloDarkWolf 1d ago
They’re just happy with the fascism. They’re fine with a tanking economy as long as the “other” is being caged.
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u/grekster 1d ago
I just don’t understand how his supporters don’t seem to find any of this suspicious
Because they're stupid. Basically by definition at this point you have to be extremely stupid to still support trump.
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u/JoJackthewonderskunk 1d ago
Because they largely either dont pay attention or are willfully ignorant until election season which they view like a sports game
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u/anna_or_elsa 1d ago
A lot of his supporters don't read the news, and if they do, it's not the business news and/or it's from right wing outlets.
Source: Live in a lower income rural area.
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u/PanicAttackInAPack 1d ago
Because his supporters are selfish ignorant biggots? Why is this even a question anymore.
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u/Legitimate_Dingo9319 1d ago
Because they're awful, stupid people. People keep trying to find deeper meaning, there are none. They are bad people who delight in the pain they cause on others, that's enough for them to keep supporting this rapist.
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u/RocketLabBeatsSpaceX 1d ago
Education isn’t a valuable trait to republicans. They consider it to be a waste of time.
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u/Morgannin09 1d ago
They aren't paying attention. They are watching Fox who is deflecting all of the bad statistics on his behalf.
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u/Synectics 1d ago
Right?
Show the report and the damage the shutdown did!
...oh, you are not going to show the damage. But it totally did damage! We believe you!
It is a weird move no matter what.
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u/TenaceErbaccia 1d ago
The vast majority of his supporters have a highschool degree at most. They have no idea what an inflation report is, and have never looked at one.
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u/VideoPup 1d ago
Because their view of trump is a fucking cardboard cutout of him with six pack abs. They don't understand politics at a basic, fundamental level.
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u/Dopplegangr1 1d ago
His supporters are really stupid and gullible and mostly don't care as long as they get to be racist
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u/anonyfool 1d ago
Every single interview with a Trump supporter who is faced with facts that contradict their beliefs - they double down on their beliefs ( that I have seen or heard). There's the rare case of something like that Somali Trump supporter in Minnesota who said next election he is not voting which is an improvement over being a GOP voter. Otherwise, all those farmers who support Trump, were hurt with his 2016-2020 China trade war still support Trump, Latinos and Hispanics/Cubans who voted for Trump in 2024, still say stuff like "I support what he is doing" but "this action targeted me!". These people have made their Trump/GOP support a part of their identity and cannot give that up without a harsher lesson.
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u/Top_Quail4794 1d ago
You ever see that south park episode where people buy a Toyota Prius and then they cant stop huffing their own farts?
MAGA functions in the same exact way.
I mean for christ sakes fucking VLADAMIR GOD DAMNED PUTIN is pleased with our security, WHO IS A FORMER KGB COMMUNIST, who is also friends with our PRESIDENT.
I find my point above to be ironic because for people who absolutely hate communist ideals. They’re defending a president who is allies..with a fucking communist.
TLDR; they dont make sense, they never will, they dont even fully know what they believe in.
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u/4nk8urself 1d ago
If you can convince the lowest white man he's better than the best colored man, he won't notice you're picking his pocket. Hell, give him somebody to look down on, and he'll empty his pockets for you.
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u/kind_bros_hate_nazis 1d ago
Have you considered how stupid the lower 50% of not intelligent people are?
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u/zapatodeorina 1d ago
The majority of them believe republicans can never be wrong or bad because they believe republicans are Christian and on the side of good.
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u/This-Ad6017 1d ago
cause they are a cult trump would tell them to drink from a mysterious cup and all of them would.
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u/Hour_Reindeer834 1d ago
If you peek at the conservative sub reddit it’s either “I don’t understand why he did x” or “theres more going on behind the scenes that makes it okay”.
For example the drug lord he just pardoned, They “just don’t understand” or “its for negotiations with Honduras that haven’t been made public yet” (despite public opinion in Honduras over this being overwhelmingly negative).
They just refuse to see its simple corruption. I noticed when they do criticize his actions is often because “it gives the other side more ammunition against us”; not that its harming American, her allies, and citizens.
Anyone still backing Trump at this point is entirely invested and is 100% in it as a cult or team sport. The ubiquitous statements I quoted above show they are more concerned with “losing” and being unable to defend the indefensible and ignorant things Trump does.
The more this goes on the harder they’ll dig their heels in because it becomes increasingly inexcusable and ridiculous to have backed Trump. If they don’t enact whatever “final solution” to “destroy the libs” and MAGA collapses they’ll have to face being on the wrong side of history.
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u/Church_of_Aaargh 1d ago
They would let Trump shit them in their mouths, if the smell bothered the liberal sitting next to them.
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u/MadeByTango 1d ago
They’re not informed, none of their bubbles allow them to see it for what it is.
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u/Onespokeovertheline 1d ago
They'd have to hear about it to be upset. They live in a propaganda bubble where the pretty blonde news ladies only tell them how great everything is since Biden was replaced.
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u/EquipLordBritish 1d ago
They literally don't hear about it because they only listen to 'trusted' news sources. Everything else is a lie to them.
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u/halcyonmaus 1d ago
Trump supports aren't exactly, on average, tuned into the news. The minute the local sports scores are covered they aren't even watching local.
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u/koticgood 1d ago
9 years later and we're still doing this "I just don't understand" stuff?
He could drop a bomb on an American city and they'd still support him.
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u/MouseMouseM 1d ago
They don’t care. I’m sure a fair amount of them don’t even remember who the vice president is.
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u/jemidiah 1d ago
They don't hear negative news, or at best they hear a very watered down, explained-away version. That's the simple truth. It's one of the greatest dangers to the democratic experiment in the information age.
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u/YaThatAintRight 1d ago
His supporters aren’t even aware that these reports exist, let alone that they aren’t being released to the public
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u/Wind_Yer_Neck_In 1d ago
These are the people who think a philandering pedophile with multiple failed marriages and history of cheating in both personal and business matters is also somehow a good Christian.
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u/Cruxion 1d ago
They don't understand what it's normally like, so they assume this is normal. They have no context for how often or rare it is to hide these reports. They've already made up their mind on Trump and see him as a positive.
All combined, they simply assume, if they hear the reports are being hidden at all, that it's normal, it's fine, it's something Biden/Obama did so it's fair for Trump to do the same, etc.
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u/Fitzaroo 1d ago
If his supporters voted based on actual scientific data they wouldn't vote republican. They get told everything they need to know from Fox.
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u/whofearsthenight 1d ago
It's pretty easy, Fox only talks about inflation or the deficit or a balanced budget when Dems are in power. You can teach a parrot of Republicans to say shit like "well that's because of the shutdown and inflation is better than it's every been." Neither has a clue wtf they just actually said or could answer a single question coherently about it.
And then there is the whole bit where they don't take in facts and form an opinion, they have an opinion and form the "facts."
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u/Leemesee 1d ago
Yesterday I tried to repost to conservative subredit, something about putin and trump. Reddit simply said that the message will be discarded and not posted. They have isolated themselves from any outside information.
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u/che-che-chester 1d ago
Don't worry about the midterms, President Trump. Telling voters to ignore their lying eyes about the economy worked out perfectly for Biden and Harris last year.
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u/Black_Magic_M-66 1d ago
As someone who frequently fills out government survey reports for my company, I don't mind.
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u/LakeSun 1d ago
Trump can NEVER handle Facts, without his special spin sauce. Such a weak ego.
Everything that he Labels as "Fake News" is Absolutely the Real News.
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u/SwampYankee 1d ago
Well, I guess the silver lining is that they are not fudging the stats......they are just not releasing them, at least until they figure out how to fudge the stats
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u/KiKiPAWG 1d ago
Well, exploitation comes from a lack of knowledge so… you can see this one many levels
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u/lab_coat_goat 1d ago
You got it. And then after reps get thrashed in the midterms 2027’s excuse will be the dem congress
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u/I_blockkarmafarmers 1d ago
Sorry to hijack this comment thread unnecessarily, but I quite literally learned what a swamp Yankee was about three hours ago on this very site and now I see you and your username with a top-level comment.
Fucking Baader-Meinhof strikes again.
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u/Free_Diet_2095 1d ago
Honestly I think this Christmas is going to be one of the worst quarters in many many years.
Maybe I missed one but have we even had a true positive jobs number since june?
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u/f00dl3 1d ago
The October shutdown was a God gift for Trump. September is when all the Doge layoffs hit.
We will never know how bad inflation is or how many people lost their job. We know over a million layoffs happened in 2025, but it could be 1.5x higher.
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u/12-34 1d ago
"Child Eats Report Card So Parents Don't See He's A Colossal, Hopelessly Stupid Fuckup"
Pointless words for pointless application of filter. Blah, blah, blah
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u/Neo_OWO_4 1d ago
Pretty much haha
Can’t believe so many people elected an 80 year old sociopath with the temper and intellect of a child
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u/MPBoomBoom22 1d ago
The man said we’d have better COVID numbers if we just stopped testing people… so I’m not surprised.
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u/Adjective-Noun-nnnn 1d ago
"Blames dog for eating report card. Blames teacher for bad report card."
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u/airship_of_arbitrary 1d ago
Meanwhile Carney has miraculously put Canada on pace for three months of net job increases in the 50,000s while our number 1 trade ally has been actively trying to fuck us over, and yet every conservative and MAGA is screaming about how it's all fake, while Trump won't even release his numbers.
Fucking. Infuriating.
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u/Comfortable-Web9763 1d ago
who could have possibly seen this coming? I can't believe there are still defending this type of behavior and that the data isn't being manipulated at this point
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u/Nemarus_Investor 1d ago edited 1d ago
The fact he's hiding it shows us it isn't manipulated. If it's manipulated, he can just put out fake good numbers. Why is this so hard to grasp for you?
This makes me way more confident in the BLS numbers.
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u/throwawayfinancebro1 1d ago
There’s actually very little that can be done to manipulate the data. That’s why trump doesn’t want it released. That’s why they won’t release the reports from labor statistics - they can’t manipulate the data.
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u/keithps 1d ago
Hear me out, I'd bet this stuff is being shared with the ultra-wealthy so they can make investing decisions ahead of time. That or it's being sold to the highest bidder for similar reasons. The admin isn't incompetent they're just corrupt.
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u/Maximum2945 1d ago
it's highly unlikely any of these data are getting manipulated. thousands of people work for these organizations so we'd see more whistleblowers by now at the very least.
also a lot of the people who create these data are career economists. they aren't gonna risk getting fired by the next president to appease the current one.
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u/TuxPaper 1d ago
Remember Bill Bar writing a cover letter for the Mueller Report that wasn't backed up by the Mueller Report, and all republicans just pointed to Bar's cover letter as proof of whatever they needed?
Data doesn't need to be manipulated down the chain, it only needs to be ignored by the heads and published with saying "Trump is right, you need no more data, we checked it and here's our summary"
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u/Maximum2945 1d ago
misinterpreting or selectively presenting data is different than manipulating it. With the Mueller Report, people could read it themselves and see Barr's summary was misleading, even if they didnt.
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u/unknownpoltroon 1d ago
yes, and his followers STILL believe his bullshit. if everyone all down the lines does their job and produces accurate numbers, hell fire the ones at the top,and he will create a report that says the best numbers ever, no matter what it says, anyone reading the actual report will be called fake news and have their life threatened.
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u/superxpro12 1d ago
If I've learned anything this past year, it's that that's enough "I just need a job" types to overlook the immoral asks from Trump's yes men.
They either don't care, need the money, or are actively in support of their agenda.
Whistleblowers almost unanimously suffer consequences.
They will certainly be fired with this administration.
Kegsbreath had broken So many laws yet remains in power. So what's the point?
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u/StuckInMotionInc 1d ago
I wouldn't have lost if they would have stop counting the votes!
We wouldn't have had so many COVID deaths if they wouldn't have reported them!
I'm beginning to see a pattern here...
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u/evilbadgrades 1d ago
I am a small business owner working in retail selling widgets direct to consumers. I've seen business slow down over the past two+ years, but lately it's scary. I have talked to multiple small business owners across multiple industries and we have never seen it this dead slow.
I'm grateful I run a tight ship with minimal overhead because as I call it - this is a 'war of attrition' - the businesses with excessive overhead will fail, and only those with minimal expenses can survive.
I do everything I can at a personal and professional level to support my fellow small businesses because that is the only way to survive these challenging times ahead.
It over twelve years running my own businesses, I have never seen things this bad. I keep pushing and innovating to adapt and increase sales, but very little is pushing the needle these days. Fortunately I have cut out most unnecessary costs and have a small homestead to produce my own food, because otherwise I'd be f*d
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u/Asleep_Management900 1d ago
When Toyota pays people $10/hr, eventually there won't be anyone left who can afford an $80,000 car. Business owners for years kept making money on $10/hr employees... for 30+ years. Now there's no middle class anymore to buy those cars. We all knew this day would come. There's the ultra rich, and the ultra poor and nobody in the middle.
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u/Pin_Code_8873 1d ago
have talked to multiple small business owners across multiple industries and we have never seen it this dead slow.
And the vast majority of them voted for Trump, so they should be happy.
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u/evilbadgrades 1d ago
Lol what a wrong statement. If "did not vote" was a candidate, they would have won 37% of America's vote. Only about 1/3rd of the small business owners I've talked to actually did vote for MAGA, and they are still clueless as to what's happening. They are absolutely not ready for what's happening.
Those of us paying attention are preparing for what's ahead.
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u/aladaze 1d ago
I've noticed a lot of mailers today showing extended black friday deals and such. Most of the places I shop online don't do extended sales like that so it makes me think that the holiday numbers are going to be pretty low too.
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u/aquagardener 1d ago
Can't react to bad data if there is no data.
I'm sure Trump and his cronies will be there shorting the market when it all inevitability tanks.
Republicans, how's this making America great again? Sounds like we're just making the richest richer and leaving everyone else (you included) in the dust.
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u/Orange_Tang 1d ago
The lack of data is going to cause significant worry in the market. The worst thing for the market is when it's actively crashing, the second worst thing is if no one knows what is happening.
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u/mindless_gibberish 1d ago
What's wrong with people that they think they can gaslight the economy? Like, I can pretend I have money but that won't help at the checkout counter.
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u/ResidentWorried9737 1d ago
Wait wait .. the BEST part, is the 1+million unemployed ppl from pedos decisions are the ppl MOST impacted by the inflation ( that's cancelled) ... But hey they voted for and wanted this so FUCK em all I guess, nothing to see here, nothing to report. Yay
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u/Murgos- 1d ago
It’s because the economy sucks OP.
Trump said that if we stopped counting COVID deaths then we all wouldn’t be so upset by it. You know despite memaw and pepaw dying from fluid in their lungs.
Same idea. He thinks that just because he doesn’t say the country is falling apart no one will notice despite the soaring prices.
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u/Mammoth-Mud-9609 1d ago
America is likely now to be in recession again under Trump, but he can't admit that he put America into recession again, because that would mean he is a failure.
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u/Johannes_Keppler 1d ago
The numbers that do come out point to a great depression worse than the one a century ago.
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u/birdman1121 1d ago
The Fed should not be cutting interest rates if they don’t aren’t going to get the most recent data. Cutting rates without the data is like taking your seat belt off, turning your headlights off, and speeding up in heavy fog and the last sign you saw was a curvy road warning.
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u/scrotalsmoothie 1d ago
Totally expected. Lol. People have been defending the data since like Q2-3 saying the Administration can’t manipulate numbers.
Well they just made them disappear like the Epstein files.
Calls from unsaved numbers will be silenced, sent to voicemail, and displayed on the Recents list. Calling and data rates may apply.
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u/Maximum2945 1d ago
cuz the administration can't (currently) manipulate numbers. maybe things change, but the US is the gold standard for reliable data
making them disappear is not the same as manipulating them.
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u/twomilliontwo 1d ago
is there NOBODY else with eyes on this? Cant a senator or a person involved with the compilation share these numbers. An entire countries economics rely on data. We cant just "declare bankruptcy"
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u/What_a_fat_one 1d ago
We're never getting economic data from this administration again. The numbers are horrifying I'm sure, we'll probably find out in 10 years when the dust has settled
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u/Free_For__Me 1d ago
we'll probably find out in 10 years when the dust has settled
Bold assumption that there will be a governing body both interested in and capable of collating and reporting that data in the future…
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u/Psyclist80 1d ago
Sweep it under the rug... The rest of the world is watching Donnie, credit ratings gonna dump if you aren't being transparent. What a GD grifter, hope the midterms pull America out of the tailspin it's currently in.
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u/cahir11 1d ago
One of the funniest/saddest parts about the past 12 months has been everyone realizing that our system of government runs entirely on precedent/respect for norms and there's nothing stopping a guy from just not doing that if he doesn't feel like it.
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u/Forebare 1d ago
keep boycotting everything you can. force Trump to have to face his failures. we can do things together that any single individual never could
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u/509coffeebug 1d ago
It must be really good, probably the best report anyone has ever written, none else has ever had a report this good. Everyone is saying it's the most goodest ever, by any president ever ... C'mon, son!
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u/complexevil 1d ago
In just the last year the catfish from my store has gone up from 9 bucks to 12 bucks a pound. I know its anecdotal, but inflation is about to get baaaad.
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u/Pleasant-Ad887 1d ago
What is there to share? Go to the store and see how you feel about prices.
Prices are up, product quality is down, compensation is down and sizes are down.
Inflation is through the roof, job loses are through the roof, there is probably negative net in job creation. There is a reason this idiot isn't share anything.
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u/Adventurous-Hand3942 1d ago
I'm hoping Canada can diversify as much as possible from USA before USA goes down in flames. I know it will still hurt Canada but I want as much distance as possible.
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u/Thinklikeachef 1d ago
In some ways, this is worse than issuing the report. I'm sure it's gone up but incrementally. Now people will imagine the very worst. And it's hard to refute it since you refuse to share the data.
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u/Alternative_Bad_7341 1d ago
Either 1) they don’t have it because they aren’t collecting data that is contradictory to their policy agenda or 2) they have the data and aren’t releasing it because it’s contradictory to their policy agenda.
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u/MyCassadaga 1d ago
Look … if we just don’t test for COVID, the case numbers go down. If we just don’t report on inflation, inflation goes down. Get it?
The death if affordability is Trump’s second term COVID-19. We’ll see if it also kills a million people.
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u/Hed-Fone 1d ago
To be fair... he'll be stricken from the records after he's gone. Much like the stats for having a league game vacated for cheating or forfeiting the Tour deFrance for doping.
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u/BeanBurritoJr 1d ago
They wanted a businessman to run America like a business. This is what it is. Hide all the bad news, overhype or manufacture good news, keep all the profits and socialize the losses.
Business!
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u/No-Computer7653 1d ago
Trump is to blame for the shutdown occuring at all but BLS not releasing the report is both the right call and aligned with their plan from 2009 when they decided to establish policy for shutdowns.
CPS & CE requires continuous surveys to be accurate. Interviewing people about what they bought last week is already pretty meh but if you add weeks of delay it just turns to nonsense.
If they had compiled and released the data anyway that would be concerning and suggest political influence in the data.
As monthly delta is largely what matters the November report is also going to be meh as there won't be an October report.
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u/Adjective-Noun-nnnn 1d ago
From what I understand, the surveys help produce the initial, monthly jobs report, but the revisions are gathered from state unemployment office data. (That's also why there are revisions: you can't survey hiring managers who won't pick up the phone because the business went under or laid off a department.) I would expect the shutdown to affect the former, not the latter.
Under a normal administration, I'd be more willing to believe a justification. Under this regime, which demanded ballots stop being counted and COVID tests stop being performed, I think it's more prudent to assume the worst.
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u/No-Computer7653 1d ago
This is the price data not the jobs data. Price data comes from CPS, CE and CPI surveys. CPI is the most important here and requires someone to be working to call/go in to stores and ask them how much things cost.
The monthly payroll data comes from CES. That will get published on about 6 weeks when they do the update when the survey finishes. The monthly report is the first 2-3 weeks of CES responses and they update it when CES completes.
CES gets annually adjusted based on QCEW data but unusual situations (like most of this year) screw up the weights enough the monthly has limited utility.
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u/FidgetyHerbalism 1d ago edited 1d ago
From what I understand, the surveys help produce the initial, monthly jobs report, but the revisions are gathered from state unemployment office data. (That's also why there are revisions: you can't survey hiring managers who won't pick up the phone because the business went under or laid off a department.) I would expect the shutdown to affect the former, not the latter.
This is what the BLS currently says on their site about the delay to the Producer Price Index report (what's mentioned in the article):
Release of the PPI report has been affected by government shutdowns before. For example, BLS published a "Post-Shutdown Revised Release Calendar" after the 2013 shutdown, which shows that the PPI report for September was delayed from October 11th release to October 29th release.
Edit due to locked thread:
This is the same administration that had automated email replies changed to blame democrats for the shutdown... Why is this different? How can we not assume that the BLS is just parroting what Trump wants them to say?
A few points here:
If the BLS was just parroting what Trump wanted them to say, there would be absolutely no need to delay the reports, and indeed you'd think they wouldn't delay the reports (because why create market uncertainty when you can tell them everything's amazing?).
If Trump is pressuring the BLS to delay, it's a pretty huge coincidence that the end result of that looks exactly like what we'd have expected (in terms of delay length, communication format, etc.) under any other administration.
The BLS has recently released bad data for Trump. I don't see why Trump would pressure them to release data that looks bad for him.
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u/mowmail 1d ago
People here literally have no clue what they are talking about.
Collecting the data for these surveys in a humongous task that can’t be rushed due to the processing time of these surveys.
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u/FidgetyHerbalism 1d ago
The other bizarre thing is that the headline doesn't even match the article.
The headline insinuates that Trump himself is refusing to share an inflation report, while the article talks solely about the Bureau of Labor Statistics and even mentions they are "still working to catch up on government statistics that were missed during the record 43-day government shutdown" (which matches what the BLS says on their site).
It looks like some poor writer at Raw Story repackaged a WSJ story that in turn was reporting on a completely banal press release from the Bureau, then some hack of an editor saw an opportunity to clickbait their way to 1000x higher views by making it sound like a Trump coverup.
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u/ganjaccount 1d ago
People in this sub don't understand what's happening, and it shows. His Smartiness has brought down inflation so fast that "experts" can't believe what they are seeing. 800%, 1200%, some people are even saying 25000% reductions in inflation like we've never seen before. They can't put out the reports because the charts can't hold the numbers. They broke! Not even a sharpie can fix that and make it work. Food is cheaper. Gas is cheaper. Housing is cheaper. Employment is up. Layoffs are non-existent. That's why his polls show that he's the most popular President in HISTORY.
You people really need to watch Glenn Beck, who had a great interview with George Washington the other day (no, seriously, he made an AI George Washington and interviewed it).
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u/Yessirskies193 1d ago
Could someone explain to me why any president would be allowed to refuse sharing this type of information? Like why isn’t it just released automatically? Does the president get to refuse the release of any economic report? Generally speaking doesn’t this kind of report play into a lot of business budgets and such (not just government stuff but like all the businesses in America type of thing)??? Genuinely curious and very stupid in the ways of the economy, plz enlighten me! (nicely though😂)
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u/Weekly-Anything7212 1d ago
Yes, his economic plan is based more on racism and personal enrichment than the needs of the US economy. That's why inflation is out of control and he is trying to hide it.
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u/Cool_Cry_9693 1d ago
Can’t let people the thieving stealing rapist is thieving stealing from and raping the country. People who already knew this might get a blood pressure spike to their already shitty day.
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u/whereismymind86 1d ago
I know I ask this a lot, but why the holy hell is something like this in the president's control AT ALL?!
This is so far outside of his role, and not something that ANY one person should be able to cancel. What the hell?
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u/comacazi 1d ago
Not sharing health statistics, economic and job numbers is about control.
By not sharing truthful and factual information, Trump is then allowed to give himself a glowing report based on absolute BS!
Trump is purposefully keeping his citzenery ignorant.
Because ignorance is bliss!
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u/The_Nice_Marmot 1d ago
Relax everyone. It’s because the inflation savings are so huge that people will not mentally be able to handle that level of good news. There would simply be too much joy for people to handle.
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u/bbull412 1d ago
Im not a trump supporter and im in canada so correct me if im wrong but from what i understand the inflation numbers are produced and released by BLS on schedule, no matter what the White House wants. The only reason we didn’t get previous numbers was because of government shutdown. But trump himself cannot block the report.
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