He's got to be getting under Trump's skin. The worst thing you can do is ridicule a narcissist, as they hate being laughed at.
N0t_5ure
So, now all data will present whatever picture Trump wants to see. Jobs? We've got the best jobs, the most jobs, jobs are great, couldn't be better. However, accurate data is necessary for planning and adjustment. Keeping inflation low and maintaining full employment are competing issues in the Fed's dual mandate, and without accurate data, the Fed is shooting in the dark. Not that it will matter much soon, as Trump will appoint a lackey as Chairman in May of 2026, who will push to cut rates regardless of prudence. We're steaming full-on towards that iceberg....
The Siena College poll released Tuesday shows Mamdani leading by 19 points over his next-closest opponent, former New York Gov. Andrew Cuomo, 44 percent to 25 percent. Republican nominee Curtis Sliwa was considerably behind them with 12 percent, followed by incumbent Mayor Eric Adams with 7 percent.
If you do the math, Mamdani's 44% matches all the rest combined (25% + 12% + 7%), which is pretty impressive.
It's even worse than that, because Trump's grip on the Federal Reserve is growing, and in May of next year he gets to appoint a new Fed Chairman. You can absolutely bet that Trump's appointee will be chosen by how quickly he does what Trump demands, so there is a high probability that we will see imprudent rate cuts that will give us the greatest financial bubble of all time, followed by the biggest financial collapse. The dollar will be destroyed in the process.
Handmaid's Tale level of dystopia incoming....