'Highly dangerous': Trump nominee says president's new move will backfire on the economy [View all]

Source: raw story



David McAfee August 10, 2025 9:27AM ET


A Donald Trump nominee came out swinging on Sunday against the president and a White House economist, saying their recent actions could be "highly dangerous."
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But the numbers provided by Moore are suspect, according to his "good friend" and fellow Trump appointee.

"Beach—who Moore said he’s known for 30 years and calls a 'good friend' —called those numbers 'the strangest thing in the world,'" according to the report, which noted that Beach "found problems across the board."


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"Trump’s suspicions are more than just puzzling, Beach said. They were also 'highly dangerous.' Markets rely so heavily on trust in the jobs report data, he said, that the damage from Trump’s words and actions has likely already happened," according to the report. "Drawing on his experience in the private sector, he explained that uncertainty in some metrics forces business leaders to widen their 'margin of error' when making investments, which can kill deals. If companies doubt the accuracy of federal statistics, he warned, they’ll eventually turn to alternative measures."....................



Read more: https://www.rawstory.com/trump-highly-dangerous-backfire-economy/