BOB RUBIN: Time For An Honest Government That Acknowledges The Reality Of Economic Hardship
Opinion by Bob Rubin • 13h •
Markets today
In his recent op-ed for the Daily Caller, highly respected economist Stephen Moore raises a critical concern: Washington may be manipulating economic data to present a more favorable picture of the U.S. economy than the reality on the ground. I raised a similar issue in an op-ed featured on the Daily Caller on Sept. 1.
The Bureau of Labor Statistics (BLS) had to revise U.S. employment figures downward by a staggering 818,000 jobs. This revision, which covers the 12 months ending in March 2024, is one of the largest since the 2008 financial crisis.
Moore’s argument echoes a broader sentiment from the American people — that the federal government, particularly under the Biden-Harris administration, has a vested interest in shaping narratives to maintain power, especially as elections approach.
https://www.msn.com/en-us/money/markets/bob-rubin-time-for-an-honest-government-that-acknowledges-the-reality-of-economic-hardship/ar-AA1rohJR?ocid=msedgdhp&pc=HCTS&cvid=c9cc15e91cd147bf8c04c31696539a1d&ei=60
