Who buys this nonsense? Oh yeah, Matt does.

Posted on: June 4, 2025 at 17:21:25 CT

Consider these gems:

"...government statisticians had to use a less precise method for guessing price changes more extensively than they did in the past."

"...the changes will have “minimal impact on the overall inflation rate,” but might increase volatility for the price data on specific goods and in specific regions."

"The Trump administration issued a hiring freeze on Jan. 20 for federal employees, and the Department of Government Efficiency, previously led by Elon Musk, cut thousands of federal workers through layoffs and buyouts. It couldn’t be determined if BLS employees were subject to those cuts.

The BLS and its parent agency, the Labor Department, didn’t respond to requests for comment."

"“When you take a sample and reduce the numbers, it’s going to increase the sampling error. We don’t know if this is a big issue or a small issue, but we just know that directionally, it’s making things worse."

In short, they don't know of any problems, but don't like their budgets cut nor their inefficient jobs cut.