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Trump Taps UNQUALIFIED CRONY To Rig Econ Data

2025-08-12 News & Politics
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Breaking Points
Breaking Points
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Trump’s New Labor Data Chief and the Erosion of Economic Credibility

Understand how the appointment of an ideological head to the Bureau of Labor Statistics threatens data objectivity and why observers see Trump shifting toward state capitalism guided by political whims.

Short Summary

  • Trump nominated EJ Anthony, an ideological figure from the Heritage Foundation, to lead the Bureau of Labor Statistics (BLS).
  • This move destroys prior assumptions of political neutrality within key economic agencies.
  • The discussion highlights growing US industrial policy trends that mirror aspects of Chinese economic control, straining market trust.

The hosts analyze the political impact of replacing the BLS chief and explore how this appointment—and related corporate demands—suggests a move towards state-directed economics, forcing financial markets to distrust official statistics.

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Description

Krystal and Ryan discuss Trump hiring a new Labor Data official after firing the last one for "bad numbers". Sign up for a PREMIUM Breaking Points subscriptions for full early access to uncut shows and LIVE AMAs with the hosts every week: https://breakingpoints.locals.com/support Merch Store: https://shop.breakingpoints.com/ To listen to Breaking Points as a podcast, check them out on Apple and Spotify Apple: https://podcasts.apple.com/us/podcast/breaking-points-with-krystal-and-saagar/id1570045623 Spotify: https://open.spotify.com/show/4Kbsy61zJSzPxNZZ3PKbXl Facebook: https://www.facebook.com/people/Breaking-Points/61575893472315/ #news #politics #youtube

Top Comments (10)

@WhoDeanyUnchained 2025-08-12

Who remembers Saagar gushing at how merit based this administration is? lol 🙋‍♂️🙋‍♂️🙋‍♂️

272 17 replies
@lucaswilliams7280 2025-08-12

I think he's totally qualified to rig the data

118
@mido5an 2025-08-12

Boy, Mr. Saagar Voted for This always seems to be gone when his boy trump is doing his best work at being a fool

66
@PreventerMkII 2025-08-12

Because cooking the books worked so well for Enron 🙄

65 1 replies
@racheroni0541 2025-08-12

Looks like Wall Street is in the FO stage of FAFO.

46 1 replies
@OBGynKenobi 2025-08-13

Next BLS report: Trump in his magnificent wisdom has created 8 million billion jobs with his bare hands. And he's also Batman.

32
@roalvarez 2025-08-12

The public may be, but the money is not stupid. The more partisan and political our economics infrastructure gets, the less our country will be a destination for investment.

14
@thesmallfarmerlife 2025-08-12

How can anybody ever trust what comes from this administration? It is just so hard to believe anything, and therefore you have to conclude that everything is wrong or at least take it with a large pinch of salt.

13
@ccc333-o6w 2025-08-12

"Who is willing to commit treason and other crimes and misdemeanors"? I am I am daddy. " your hired "

13
@Archphoenix1 2025-08-12

lets see how saagar can clean that one up

8

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