At some point people are going to realize the numbers being reported by the government are crap and will reflect whatever is needed for the current policy narratives.

So the unemployment rate and new jobs numbers are blatant lies to support the Fed's policy of increasing rates.

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@TwistedEagle The problem isn't the numbers reported by the government.

The problem is people misunderstanding or outright lying about what the numbers are.

For example, yes, the unemployment rate probably really is 3.5%, but that rate is clearly defined "as a percent of the civilian labor force", and anybody not understanding that misunderstands the number.

It's not a lie. People are just mislead about what the number means.

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