Wednesday, June 04, 2025

Will Get Worse

There will be a bunch of economists loudly professing that all the data is sound because they know how professional those agencies are, and then they will get quieter and quieter.
Trump administration officials delayed and redacted a government forecast because it predicts an increase in the nation’s trade deficit in farm goods later this year, according to two people familiar with the matter.
That isn't because economists think Trumpers are good, it's because they think economists are good.