4 Comments

Agreed as well and thank you, however, whatever the real numbers are, growth in government jobs will only lead to more taxes and deficits.

Expand full comment
founding

It doesn’t take a PhD in statistics to see that if the results from the data sets don’t agree, and no one is explaining why, then something’s fishy. WHO is manipulating this data crunch, and WHY? Is it just the bureaucrats kowtowing to the Biden administration because they fear for their jobs if Biden loses the Election, or are there additional explanations? WHAT is going on that is being willfully ignored? You’ve already explained to us, Peter, that irrational things happen in the world of finance because the players all expect to be bailed out. Is there some sort of economic crisis forming that once again is met with expectations of bailout? Inquiring minds are suspicious!

I so very much value your continual reliance on hard data. It makes all the difference in our ability to trust your analysis on every issue. I just read “American Refugees: The Untold Story of the Mass Exodus from Blue States to Red States”, by Roger L. Simon (2023). It had some worthwhile insights, but where was the data? I expected charts, graphs, comparisons of living costs, tax rates, growth rates, etc. from different cities, states, and regions. There was virtually no hard data enabling me to make a decision on where to move. I realized about 50 pages in that Peter’s style of concisely making sense of hard data has spoiled most other analysts for me. You’re the best, Peter! (My gushing for the day.)

Expand full comment