Office of the President of the United States, Public domain, via Wikimedia Commons Recently, the jobs numbers had to be revised downward, exposing a massive error by the Biden administration in overreporting employment. Under Biden, job numbers were corrected four times, the worst being in August 2024, just ahead of the election, when one of the largest downward revisions in history was announced. At the same time, President Trump was battling Fed Chairman Jerome Powell, demanding a reduction in interest rates. Powell cut rates just before the election, which many believed was politically motivated, allowing Biden to tout inflated jobs numbers alongside lower rates. More recently, Powell has justified his refusal to cut interest rates by claiming that lower rates would fuel inflation. But…
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