The Soapbox

hoolstoptheheels

Joined: 01/04/2001 Posts: 27159
Likes: 34521


No, it’s the nature of the beast. It’s not even a little unusual.


Unless you want to do away with flash prelim estimates in the first place. Thousands of people gather data across the country and statistical models, with loads of variables, extrapolate the prelim data to the entire universe. The data’s preliminary, and variables are adjusted based on best efforts. Thing is, economic relationships are constantly in flux. In ways that aren’t clear until you can look at them in retrospect.

There is nothing unusual about this. Took under a minute to find an exactly analogous year during the Trump years. You’ll find these differences all through history. It’s the nature of economic estimation. The only difference between then and now is Trumpistan’s commitment to discredit all the institutions which underpin our democracy at every opportunity. They actively search for any opportunity to do that, and for too many, all the proof they need is that some Trumpie (or Trump himself) said it out loud.

You should be less eager to join in that, if you want your kids and grandkids to enjoy the democratic republic we’ve always taken for granted. Getting people to distrust the underpinning institutions, like by seeing evil in innocent activities they’ve engaged in forever, like job number estimates, is the way despots seize power. This is exactly why a too-old guy with some policies you think are a little too left-leaning is the clear lesser evil than the guy who’s trying to win by destroying public trust in all the things that make us the oldest and greatest democracy on the planet.

(In response to this post by Tuckahokie)

Posted: 03/10/2024 at 11:05AM



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Current Thread:
 
  
Just thought I’d spend a moment circling back to the… -- Los Angeles Hoo 03/09/2024 3:06PM
  Revised downward 501,000 -- 81_Hokie 03/10/2024 1:40PM
  They are lying scum. ** -- ryno hoo 03/10/2024 08:46AM
  The year before it went the other way. -- Shenhoo 03/10/2024 08:39AM
  Clearly, jobs numbers rigging ** -- WaxHoo 03/09/2024 5:06PM
  Seriously? A conspiracy with this? Wow. 🤩 ** -- HoodatB 03/09/2024 4:53PM
  Yes. The Biden admin economy, whether we are referring to… -- Los Angeles Hoo 03/09/2024 6:08PM
  Nonsense ** -- 111Balz 03/09/2024 10:26PM
  I’m using BLS numbers for jobs. ** -- Los Angeles Hoo 03/10/2024 11:12AM
  Link inside… -- Los Angeles Hoo 03/10/2024 11:53AM
  I am pretty sure you do NOT want to see the place -- Shenhoo 03/09/2024 10:55PM
  LOL. Yeah, same place as per usual. ** -- Chuck Taylor 03/10/2024 10:28AM
  Bam!!💥 ** -- HoodatB 03/09/2024 5:40PM
  That’s different ** -- WaxHoo 03/09/2024 4:36PM
  Probably should have spent a few more moments looking back at -- hoolstoptheheels 03/09/2024 3:30PM
  That’s different ** -- WaxHoo 03/09/2024 3:36PM
  Buh Dark Brandon ** -- ResistHoo 03/09/2024 3:20PM

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