Analyze Trump's original words.

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Phyrex
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10 hours ago

Analyze Trump's original words. The general meaning is that the economy should have been very good during Trump's presidency, but in reality, the data from the Bureau of Labor Statistics has been artificially modified to look worse. Last month's non-farm payroll data was 147,000, indicating strong employment, but this month it was suddenly revised down to only 14,000, which is one-tenth, showing that economic development is not good.

In other words, after Trump took office, he did not improve employment levels, and this month's employment figure is 73,000, which is also below the expected 110,000. This further indicates that the economy under Trump's governance is not doing well.

Actually, I think it is very likely that Erika McEntarfer from the Bureau of Labor Statistics is trying to flatter someone and ended up missing the mark. As we all know, Powell himself said that unless the non-farm data looks bad, there is no rush to consider lowering interest rates. So, Erika McEntarfer provided a poor non-farm data report, with rising unemployment and declining employment numbers, clearly indicating an economic downturn, prompting a quick interest rate cut.

As a result, this is a slap in Trump's face. Trump has nowhere to vent his anger, and here comes a punching bag. Of course, all of the above is just my opinion; who knows the real situation?

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