RT Bloomberg Opinion (@opinion)How can the public know if the Fed is making decisions for the right reasons when President Trump is openly threatening it?@JonathanJLevin explains the fundamental problem with Fed politicization 🎥 https://t.co/UYln8WOSrO ...

If political control of America’s central bank becomes a consistent Republican demand, the politicisation of monetary policy is near-inevitable https://t.co/lCMFL8zXNh ...

We begin today back at the start of the 2024 presidential primary when Donald Trump made this proclamation to his followers in his first official campaign rally. I am your warrior. I am your justice.For those who have been wronged and betrayed, of which there are many people out there that have been wronged and betrayed. I am your retribution. We will take care of it.While his MAGA followers believe Trump would look out for them, as has been his MMO, he was speaking for himself. And that retribution has bee ...

Data Integrity & Political Influence - The central argument revolves around the integrity of government data, specifically jobs numbers, and the potential for political manipulation [2][3] - The speaker strongly refutes the idea that the jobs numbers have been politically revised or underreported, stating there's no statistical evidence to support such claims [3] - The speaker expresses concern that the President's actions could undermine the reliability of government data, potentially turning the Bureau of Labor Statistics (BLS) into a politically aligned entity [4][9] - It would require a massive conspiracy within the BLS to successfully politicize the data, highlighting the difficulty of manipulating these numbers [9][10] Data Revision & Accuracy - Jobs numbers are routinely revised due to the availability of more complete data, a standard practice for improving accuracy [2][5] - Revisions occur monthly, then again, and finally annually, reflecting the ongoing refinement of estimates with actual data [5] - The response rate to surveys has decreased since the pandemic, impacting the reliability of initial data [4] Historical Context & Ethical Concerns - The situation is compared to the McCarthy hearings, emphasizing the outrage caused by unfounded accusations of politicization [2][8] - The speaker cannot recall a similar instance of a political firing of a government data official at this level, underscoring the unprecedented nature of the situation [7][8]