Not all, no. But in general, yes, I do.
What other possible reason could there be in this case? They look like morons to everyone, and it just got the top lady fired.
Nah, the real answer is you cannot anymore use old survey methods to measure the employment and jobs of 160 million workers, in a $27 trillion economy without full mass intervention and forced responses.
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They're measuring and quoting the wrong empirical data in the first place, for a variety of reasons. Largely to keep the narrative going that the fed is needed to stabilize the economy. Unemployment figures is a grossly misleading term for what that figure actually measures, for example. They don't look like idiots to everyone, only to those people who do economics right.
And they're not idiots. It's very carefully constructed to avoid most people ever questioning the system, while keeping the system self sustaining within a gullible populace.
True, but in this case that's not what we are talking about. We are talking about survey data estimates and actual data post timeframe comparisons/revisions.
