This is data for 2023, i imagine 2024 may have been even worse for CA
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28 sats \ 6 replies \ @Rothbardian_fanatic 12h
This looks like the data may be more accurate than that coming form BLS. BLS data is BS.
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20 sats \ 5 replies \ @Undisciplined 12h
The “economists” at BLS are known to have a more leftward bias than other government economists.
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30 sats \ 4 replies \ @Rothbardian_fanatic 12h
Uh .. hu. Yes the leftist economists also have a bias towards lying to the public and their bosses. They are a fine crew of minions. My BS meter pegs out on a lot of government statistics, especially in economic areas.
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0 sats \ 3 replies \ @Undisciplined 11h
As it should, but even amongst government economists there are degrees of wrongness.
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26 sats \ 2 replies \ @Rothbardian_fanatic 11h
Are you willing to lay the problems in theory, or problems with personnel? Or problems with groupthink in the BLS and government?
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20 sats \ 1 reply \ @Undisciplined 11h
What I've heard is that the BLS had more of an explicitly Marxist founding, which still persists culturally. That's why a more neutral organization was created, the Bureau of Economic Analysis, to do less biased work.
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31 sats \ 0 replies \ @Rothbardian_fanatic 11h
If it is a government agency or department, it has the same problems due to the “long march through the institutions”. The communists have taken over most of the institutions, especially for the analysis of economic data.
BTW, I think Keynes was a communist and his General Theory is just a justification for totalitarian states.
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0 sats \ 0 replies \ @6e27dac828 7h freebie
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