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Trump doesn’t trust jobs data, but these experts do
The monthly jobs report is already closely-watched on Wall Street and in Washington but has taken on a new importance after President Donald Trump on Friday fired the official who oversees it. Trump claimed that June’s employment figures were “RIGGED” to make him and other Republicans “look bad.
How reliable is the jobs data? Economists and Wall Street still trust it
The firing followed Friday’s jobs report that showed hiring was weak in July and had come to nearly a standstill in May and June, right after Trump rolled out sweeping tariffs. Economists and Wall Street investors have long considered the job figures reliable,
Donald Trump's move to fire the head of the U.S. Bureau of Labor Statistics has put trust in U.S. data reporting mechanisms ...
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‘I own the store’: Trump seeks a direct role in the economy - MSNTrump’s view of his role was reflected in his recent comparison of the U.S. economy to a department store. “It’s a giant, beautiful store, and everybody wants to go shopping there,” he ...
Given the choice between a national policy that is politically popular to some Americans and one that is economically positive for most Americans, we’ll take the latter policy every time.
If we address carbon emissions without overhauling the economy, leftists lose a major chance to implement anticapitalist policies. For them, climate-change solutions are inextricably linked with ...
There is some truth to the stereotype. On the issue of international trade, economists definitely tend to favor less government intervention than the average person, at least in the U.S.
On the economic front, some of these proposals are quite radical — and they are coming even from conservative political figures who typically call government intervention in the economy socialism.
The cost of staple maize has shot up to the highest levels in 20 months on the back of reduced supply this year, which ...
Course Overview and Objectives This course is about one question: What is the proper role of the government in the market economy? We study the role of government as it plays out in the real ...
And then yesterday, there was a very rare intervention by the central bank here, the Bank of England, which stepped in and promised to start buying up U.K. government bonds.
As financial risks remain high in China’s economy, the government can be expected to play a strong role in preventing losses through 2018. After all, one of the major targets for this year is to ...
The government has been partially closed since Dec. 22, making it the second-longest shutdown on record. A finance professor who studied the 2013 shutdown explains the economic impact.
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