{"id":358247,"date":"2025-12-20T19:41:12","date_gmt":"2025-12-20T19:41:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/358247\/"},"modified":"2025-12-20T19:41:12","modified_gmt":"2025-12-20T19:41:12","slug":"surprise-not-the-november-inflation-number-is-a-lie","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/358247\/","title":{"rendered":"Surprise! (not) The November inflation number is a lie."},"content":{"rendered":"

It shouldn\u2019t come as any surprise that the new BLS statistician Trump hand picked to replace the one\u00a0he\u00a0fired would engage in dubious activities to fraudulently improve economic numbers.<\/p>\n

Now we have proof<\/a>:\u00a0November\u2019s inflation was reported as 2.6% a whopping 1 basis point improvement over last year\u2019s 2.7%. But the only way BLS could arrive at the preordained\u00a0number was to zero out housing inflation,\u00a0THE SINGLE BIGGEST CONTRIBUTOR TO THE INFLATION NUMBER!<\/p>\n

So begins the automatic haircut to every government number because the people who need those numbers can no longer trust them. This will effectively be an additional tariff\u00a0on the economy because ultimately businesses will have to be more cautious in their hiring and expenditures. They can\u2019t rely on artificially rosy numbers and they can\u2019t independently derive their own\u00a0accurate number.<\/p>\n","protected":false},"excerpt":{"rendered":"It shouldn\u2019t come as any surprise that the new BLS statistician Trump hand picked to replace the one\u00a0he\u00a0fired…\n","protected":false},"author":2,"featured_media":358248,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[45,49,48,46],"class_list":{"0":"post-358247","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-ca","10":"tag-canada","11":"tag-economy"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/358247","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=358247"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/358247\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/358248"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=358247"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=358247"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=358247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}