Donald Trump’s contentious decision to fire the U.S. statistics chief has done little to stem an economic slump, with the latest jobs report showing only 22,000 jobs were added in August - well below expectations. One month after Trump sacked the Bureau of Statistics Commissioner Erika McEntarfer in response to weak job numbers, the unemployment rate rose to 4.3 per cent, the highest since 2021.
To the surprise of literally no one, the American economy is doing bad.
Hey but GDP, a completely useless metric for describing how the real economy for the 99% is doing, is pretty healthy!
You mean 5he stock market…?
No?