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What Trump Did This Morning: Accused Non-Farm Payroll Data of Falsification and Fired the Labor Bureau Director, Dispatched a Nuclear Submarine Near Russian-Adjacent Region
BlockBeats News, August 2nd. Yesterday, after the release of the non-farm payroll data, the U.S. Bureau of Labor Statistics significantly revised down the May and June non-farm payroll data. The non-farm employment increase in May was revised down from 144,000 to 19,000; the non-farm employment increase in June was revised down from 147,000 to 14,000. After the revision, the combined May and June non-farm employment numbers were 258,000 lower than previously reported.
U.S. President Trump directly pointed out in a tweet that "this is a scam against him": "In my opinion, today's job data has been manipulated to embarrass Republicans and me—just like before and after the 2024 presidential election. First, they present three days of beautiful data, and then on November 15, 2024, shortly after the election, this data is significantly revised down—a complete scam." Trump then ordered the dismissal of Bureau of Labor Statistics Commissioner Erika McEntarfer, with his deputy William Wiatrowski serving as the acting commissioner.
Furthermore, Trump stated early this morning: "Based on the provocative remarks of Russia's former president and current Deputy Chairman of the Security Council, Medvedev, I have ordered the deployment of two nuclear submarines to the respective region to prevent these foolish and provocative remarks from being just talk." He later updated at 8 a.m. this morning that the nuclear submarines are now closer to Russia.
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