But what if you could keep the government closed for a long time so that BLS does not collect the data that he needs to inform about the consumer price index on October 14? Then the Fed will have less Information, what else, to judge, is there too high inflation! The preferred Fed inflation indicator is a trade department Personal consumption indexor PCINot CPI, but PCI depends on BLS data, and in any case, the next PCI release will not come out until the Fed does not decide. The delay in the IPC may also mean that the recipients of social security will receive a lower adjustment throughout life, which, as I believe, Trump will judge a plus.
It turns out that the government is heaven for Trump: although we know that the economy is hesitating, we do not know How many? It fluctuates because we have no data. Like Lisa Feserstone Monday celebratedTrump wages the war against the data. No jobs of jobs are better than bad jobs.
This last point did not run away from the notification from the senator Elizabeth Warren. On Thursday, she wrote Russell in the Uud, director and architect “Project of 2025” to demand that the number of jobs not be hostages to close the government. “According to experts” Warren watched“The data for the Friday report is probably ready for public release.” Indeed, as a former BLS commissar Bill Beach said In an interview this week, “Report on workplaces is probably written in the final project and can be published on Friday if the agency is opened again.” If it is written in the final draft, why wait? “The administration prefers not to issue a vacancies on Friday,” concluded Warren.
