It’s worth noting that economic numbers get revised all day long. These numbers are constructed by hundreds of people. They're finalized by about 40 bean counters. These 40 people are very professional people who have served under Republicans and Democrats.
The commissioner does not see these numbers until the Wednesday prior to the release on Friday. By that time, the numbers are completely set into the IT system. They have been programmed. They are simply reported to the commissioner, so the commissioner can on Thursday brief the president's economic team.
The commissioner doesn't have any hand or any influence or any way of even knowing the data until they're completely done. That's true of the unemployment rate. That's true of the jobs numbers.
Nevertheless, because this report didn’t conform with Trump’s narrative he killed the messenger.
Intentionally, or not, if you want to instill a distrust in economic stats this is the playbook.
Of course, we’ve all been to this rodeo before….
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