🌀 Welcome to the era of Trump’s “efficient” economy!
When firing statisticians is not a bug, but a feature.
📉 By August, data from 34 industries will disappear. CPI now resembles a guessing game: if there’s no price - let’s substitute something “similar” from another state. The level of “accuracy” sometimes reaches 30%.
📊 BLS, the Census Bureau, and other statisticians are operating at 60%. All because of the DOGE initiative - the Department of Efficiency (no, it’s not a meme coin).
💸 Consequences? Errors in data - errors in policy. Pensions will be underpaid, the Fed's rates will be raised unnecessarily. But who cares if it looks good on paper?
⚙️ Mass layoffs:
— 171K federal employees,
— 64K from Big Tech,
— cryptocurrency exchanges, Web3 and miners are also on the chopping block.
🧠 And all this against the backdrop of Trump’s bet on Bitcoin. Only there will be no one to count how he feels.
🎭 America’s new motto?
"Take our word for it, we’ll make up the numbers later."
