I Hope Our Insurance Is Current....With Spanky At The "Wheel"!!!

Phoenix68

Well-Known Member
Joined
Mar 12, 2022
Messages
17,798
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(You MAGATS are definitely gonna need an interpreter for this one....lotta "big words", too!)
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Disappearing Economic Data Is Bad For....Pretty-Much Everything
February 2, 2026
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"One of the most underrated revolutions of the past 50 years is the explosion of easily accessible data. Whether it's detailed breakdowns of the characteristics of every neighborhood in the US, improved weather forecasting models that give us extra days to prepare for hurricanes, or personalized genomic analyses that can give us early warnings about disease....there has never been more information more readily available than in the last few decades.
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For
businesses and consumers alike, this data surge has been a massive boon to the collective bottom line. A deeper understanding of our world has led to more stable markets and saved lives through disaster planning or improved medicine. But the last year has shown that this data revolution is at risk, especially for the government-produced statistics that have become the backbone for myriad industries and private providers. As this core of information erodes, there is a real risk that we may be sliding into a less measured era.
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A future
without data is a future in which major actors in our economic system are flying blind. Decision-makers from the Federal Reserve and major Wall Street banks to small businesses and average American households may have to replace good information with vibes and guesses, opening the door to catastrophic mistakes.
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"Perhaps the best way to understand the threat that data degradation poses is to focus on the global gold standard for information collection: the Bureau of Labor Statistics. While other federal agencies like the Census Bureau also do valuable work, the BLS has, for over a century, been one of the most granular sources of data on the U.S. jobs market, prices, and much more. And the data has only gotten better over the decades: If you want to know how the price of groceries in Boston has changed over the last decade, how many florists are employed across the country, or how many hours Americans spend hanging out with their friends, the BLS is your destination.
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For people who rely on the
BLS, the past year has raised acute concerns. The first was Presidunce Spanky's firing of BLS Commissioner Erika McEntarfer in July. Revisions to that month's jobs report showed that the U.S. had created far fewer jobs than initially reported in the previous two months. Revisions are a standard part of the BLS data collection process, and the size of the adjustments was well within historical norms. Economists warned that the firing could be a harbinger of political meddling in the crucial job and price figures. Jed Kolko, a senior fellow at the Petersen Institute for International Economics, called the firing a "five-alarm intentional harm to the integrity of US economic data and the entire statistical system." Skanda Amarnath, Executive Director of Employ America, a think tank, said, "public trust is permanently harmed when the BLS commissioner is fired after one bad jobs report!"
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Werbung:
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(You MAGATS are definitely gonna need an interpreter for this one....lotta "big words", too!)
.
.

Disappearing Economic Data Is Bad For....Pretty-Much Everything
February 2, 2026
.
"One of the most underrated revolutions of the past 50 years is the explosion of easily accessible data. Whether it's detailed breakdowns of the characteristics of every neighborhood in the US, improved weather forecasting models that give us extra days to prepare for hurricanes, or personalized genomic analyses that can give us early warnings about disease....there has never been more information more readily available than in the last few decades.
.
For
businesses and consumers alike, this data surge has been a massive boon to the collective bottom line. A deeper understanding of our world has led to more stable markets and saved lives through disaster planning or improved medicine. But the last year has shown that this data revolution is at risk, especially for the government-produced statistics that have become the backbone for myriad industries and private providers. As this core of information erodes, there is a real risk that we may be sliding into a less measured era.
.
A future
without data is a future in which major actors in our economic system are flying blind. Decision-makers from the Federal Reserve and major Wall Street banks to small businesses and average American households may have to replace good information with vibes and guesses, opening the door to catastrophic mistakes.
.
Obama found out how to turn emerging the spy capabilities that were designed to fight global terrorism into worse-than-Watergate democrat spy operations designed to destroy all US opposition to democrat corruption and immorality.
 
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