With the St. Louis branch of the Federal Reserve projecting a loss of over 47 million jobs and a 32.1% unemployment rate — the Great Depression saw a peak of 24.9% unemployed — Donald Trump wants you to know that…
Last week, I reported on a Goldman Sachs estimate that new unemployment filings could increase 800 percent to more than 2 million. The reality was much worse. The sudden onset of the Coronavirus pandemic and associated stay-at-home advisories and orders led…
In an article I wrote last week following Trump’s campaign rally disguised as a State of the Union Address, I documented how his claim that his trade war and tax cuts had produced “the hottest economy in the world” were…
While Trump and the GOP want you and me to believe that Trumponomics has singlehandedly saved the US economy by reducing taxes and creating jobs, the reality for those of us living in the real world is quite different. It…
One of the most frustrating things about Obama during his eight years in office was how he manipulated economic numbers to make it look like his policies were working. From unemployment to jobs created, Obama turned the manipulation of data…
A few days ago, I shared how Obama likes to massage data to make it look like his economic policies are working. Unemployment rate goes down? It’s not because people are finding jobs. Instead, it’s because their unemployment benefits have…
A few months ago I wrote a piece called, “Bureau of Labor Statistics: Lies, damned lies, and statistics” where I documented the realities hidden in some of Obama’s economic policies. Unfortunately, recent news on the economy called for a sequel…
