Fannie/Freddie Politics Board (Politics Allowed~Non-Moderated)

[955]

Though Ludwig called the agency employees providing these statistics "talented and well-intentioned," he said the filters they used were "flawed" and the resulting calculations were "misleading."

In one example, he said reports on unemployment often count people "unwillingly under-employed" as employed and disregard Americans "discouraged" enough to stop looking for a job.

"[T]he prevailing statistic does not account for the meagerness of any individual’s income," he added. "Thus you could be homeless on the streets, making an intermittent income and functionally incapable of keeping your family fed, and the government would still count you as ‘employed.'"

Ludwig also took aim at the claims by Democrats that inflation had cooled from its record highs and that wages had risen at a faster rate.

He wrote how this was usually based on numbers from the Consumer Price Index (CPI) which tracks the prices of 80,000 goods and services across the economy. However, he warned that most modest-income Americans spend more on basic amenities like groceries and rent rather than the goods from the CPI, painting a vastly different picture.

"If prices for eggs, insurance premiums and studio apartment leases rise at a faster clip than those of luxury goods and second homes, the CPI underestimates the impact of inflation on the bulk of Americans. That, of course, is exactly what has happened," Ludwig said.

https://www.foxnews.com/media/ex-clinton-comptroller-says-voters-were-right-about-bad-biden-economy-government-numbers-were-wrong

In other words, they lied. They did it for the money and the power. Is that really so surprising? They follow their god, the god of this world, the father of lies. By their actions you shall know them. Don't be sucked in to this death cult. The consequences are eternal.

8 Then the devil led Jesus up a very high mountain. He showed Jesus all the countries in the whole world. They were all very great and beautiful.

9 'I will give you everything that you can see', said the devil. 'Go down on your knees in front of me. Say that I am great and important and beautiful. And I will give it all to you.'

10 Jesus then said to him, 'Go away. Moses also wrote this in God's book. "We must only go down on our knees in front of God. We must only tell Him, 'You are great and important'. We must obey Him first".'

11 Then the devil left Jesus alone. After that, angels came to Jesus and they took care of Him.

- Matt 4:8-11