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Trump comforts himself with new bonkers theory to explain his economy



President Donald Trump is doubling down on his conspiracy theory that the
Bureau of Labor Statistics’ jobs reports are being rigged, rather than dealing
with the damage his tariff policies are causing.

“Last weeks Job’s Report was RIGGED, just like the numbers prior to the
Presidential Election were Rigged,” Trump wrote on Monday on his Truth Social
platform. “That’s why, in both cases, there was massive, record setting
revisions, in favor of the Radical Left Democrats. Those big adjustments were
made to cover up, and level out, the FAKE political numbers that were CONCOCTED
in order to make a great Republican Success look less stellar!!!”

Friday’s jobs report showed that following the implementation of Trump’s
haphazard tariff policy, only 73,000 jobs were added in July—far below the
expected 110,000. The BLS also revised the previous two jobs reports down by
253,000 jobs total. The report has increased fears of a recession and a repeat
of Trump’s failed economic policies from his first term.




 



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Nobel Prize-winning economist Paul Krugman noted that the jobs data is now
confirming earlier warnings about the tariff policies.

“The thing is, official economic data are basically starting to confirm what
mainstream economists have been saying all along. Erratic policy that creates
uncertainty depresses growth and job creation; tariffs raise prices,” Krugman
wrote.



Following the dismal jobs report, Trump fired BLS Commissioner Erika
McEntarfer on Friday. Over the weekend, National Economic Council Director
Kevin Hassett appeared on NBC’s “Meet the Press” and tried to justify the
purge, baselessly claiming there “have been a bunch of patterns that could make
people wonder.”

But this is nonsense.

As statistician and election analyst Nate Silver noted, “Each monthly payrolls
figure is actually revised three times: once in each of the first two months
after initial publication (so July's 73,000 figure will be re-reported in
August and then again in September) and then again each January as part of the
BLS's annual benchmark revisions.”

Similarly, Politifact noted that “revisions are a standard part of the BLS
process.”

In other words, Trump just doesn’t like the way the wind is blowing.




 



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William Beach, who served as the BLS commissioner during Trump’s first term,
signed on to a letter with Obama-era commissioner Erica Groshen, calling
Trump’s firing decision “baseless.”

“To politicize the work of the agency and its workers does a great disservice
not only to BLS but to the entire federal statistical system which this country
has relied on for almost 150 years,” they wrote.

Trump’s lies about the jobs report echo his long-debunked falsehoods about
the 2020 presidential election, which he decisively lost against former
President Joe Biden. And like with Trump’s election denialism, congressional
Republicans and right-wing media like Fox News and Fox Business are amplifying
and repeating Trump’s conspiracy. This has been standard operating procedure
for the right for decades—promoting and escalating nonsensical conspiracies,
leading to the eventual rise of a conspiracy theorist like Trump leading the
party.

Trump’s tariffs are hurting the recovering economy he inherited from Biden. He
has nobody to blame but himself, and he is just trying to lie his way out of
another mess.



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