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What happens when US economic data becomes unreliable

mitsloan.mit.edu

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Re: What happens when US economic data becomes unreliable

#361

Earlier quoted context omitted.

Getting citizenship requires planning.

Only if the local government is still intact, which in this scenario is unlikely. At the very least they could bribe their way in.

What time frame are you considering? You seriously think the world will cease to have functioning governments in the next thirty years?

Re: What happens when US economic data becomes unreliable

#362
post #251

Earlier quoted context omitted.

Slavery was not supported in half of the initial US of A, and initially Native Americans had relatively benign relationships with the settlers, while the latter were weak. The course of America as a moral project was pretty meandering, but the moral dimension was almost always there.

> Native Americans had relatively benign relationships with the settlers, while the latter were weak Translation: Native Americans were nice to the European settlers, until the European settlers were in a position to murder and expel in the Native Americans. The genocide against the Native Americans happened both before and after the founding of the United States, which casts serious doubt on a claim that the US has…

The US had a highly moral mission at the time of its founding; but that moral platform differs significantly from our own today. The adjective "moral" does not mean "in good standing with what I believe is proper morality", it means "of or relating to principles of right and wrong in behavior".

I do not believe that the majority of Americans today believe that there is any "moral" purpose for the American government to exist. The left wing sees the US as a fundamentally illegitimate country founded by the dual sins of slavery and genocide that should be improved by dismantling its own myth structure and importing as many foreign cultures as possible to supplant whatever came before. The right wing is only interested in the existence of American hegemony insofar as it can use it to crush its cultural enemies or enrich itself, and is happy to violate by theft or violence any American principle in name or in spirit so long as there's good short term gain.

Neither is thinking of the Nation as an aesthetic and moral project to advance the state of mankind under God, or even Science, or Human Rights, which was how its founders explicitly thought and wrote about it.

Re: What happens when US economic data becomes unreliable

#363
post #62

The phrase "when US data becomes unreliable" is misleading in one sense: for many years political manipulation of economic data has screwed things up. Calculation of unemployment and real debt has seldom matched the norms of most other western countries. Add military (often black budgets) spending without much oversight or accurate accounting. The wealthiest people in the USA are now in the mode of grabbing what they…

I agree. The super rich have been in "prepper" mode for a long time now https://www.theguardian.com/news/2022/sep/04/super-rich-prep... > They started out innocuously and predictably enough. Bitcoin or ethereum? Virtual reality or augmented reality? Who will get quantum computing first, China or Google? Eventually, they edged into their real topic of concern: New Zealand or Alaska? Which region would be less affected…

I want to know more about the bunkers they are building. Apparently tens of trillions spent on them.

Re: What happens when US economic data becomes unreliable

#364

Earlier quoted context omitted.

> Native Americans had relatively benign relationships with the settlers, while the latter were weak Translation: Native Americans were nice to the European settlers, until the European settlers were in a position to murder and expel in the Native Americans. The genocide against the Native Americans happened both before and after the founding of the United States, which casts serious doubt on a claim that the US has…

The US had a highly moral mission at the time of its founding; but that moral platform differs significantly from our own today. The adjective "moral" does not mean "in good standing with what I believe is proper morality", it means "of or relating to principles of right and wrong in behavior". I do not believe that the majority of Americans today believe that there is any "moral" purpose for the American government…

> The US had a highly moral mission at the time of its founding;

I guess you are referring to the principle of "no taxation without representation." Fair enough, but I don't find that consistent with twoodfin's comment, to which I am indirectly replying, that "America was a radical moral project when it was founded."

> Neither is thinking of the Nation as an aesthetic and moral project to advance the state of mankind under God, or even Science, or Human Rights, which was how its founders explicitly thought and wrote about it.

That is certainly how they wrote about it, but the point that suzzer99 and I are making is that they did not walk the walk. It's one thing to write fancy documents about all men being created equal, and it's quite another to actually emancipate the slaves or stop genociding the natives.

> The left wing sees the US as a fundamentally illegitimate

I have a lot of lefty friends, and I don't know anyone who thinks anything remotely similar to that. Criticizing the ethical failings of a country in the hopes of improving it does not amount to a statement if illegitimacy. And I'm pretty sure that elected leftist politicians don't consider the government that they form to be illegitimate.

Re: What happens when US economic data becomes unreliable

#365

Speaking of US economic data reliability: https://www.nytimes.com/2026/03/13/business/economy/inflatio... Story title: Change in Data Sources Led to Lower Inflation Reading Excerpts: “On its merits, you can defend the change,” said Omair Sharif, founder of Inflation Insights, a forecasting firm. “Optically, it’s just not a good look in an environment when people are worried about political interference.” Mr. Sharif s…

The US fired many of its government-employed economists. The administration head tried to fire people at NOAA his first term, until he got a yes-head. Data was deliberately buried in a mad rush the first few weeks and months of 2025. I'm not quite sure Mr. Sharif's opinion is well-founded given the known facts.

[0] https://digitalgovernmenthub.org/library/federal-data-are-di...

[1] https://www.govexec.com/workforce/2026/03/report-nearly-95k-...

Re: What happens when US economic data becomes unreliable

#366
post #298
post #273

Earlier quoted context omitted.

Take a drive on an interstate highways. Whenever I take an Uber/Lyft to the airport I ask the usually (more like 100%) foreign born driver to compare the highway (I5) and the airport (SeaTac) with the same from his country. The comparison is bad for the US. US is a third world country, but Americans do no want to admit that.

> I ask the usually (more like 100%) foreign born driver to compare the highway (I5) and the airport (SeaTac) with the same from his country. The comparison is bad for the US. > US is a third world country, but Americans do no want to admit that. So why do so many people want to keep coming here?

> So why do so many people want to keep coming here?

They don't, in fact, at least not anymore:

"We estimate that net migration was between –10,000 and –295,000 in 2025, the first time in at least half a century it has been negative."

https://www.brookings.edu/articles/macroeconomic-implication...

Re: What happens when US economic data becomes unreliable

#367

Earlier quoted context omitted.

I would argue the empire already collapsed, about a year ago when DOGE was tasked with killing every form of soft power that were put in place to present the country in the best possible light across the world. Even with tons of talented and well-intentioned people and everyone fully aligned to re-build everything broken, it'd take decades to rebuild that trust that was lost in a matter of weeks.

> would argue the empire already collapsed The republic may be collapsing. The empire comes after. The rich benefit if we transition to an autocratic empire based on American military might.

... American military might...

Trump urges US allies to send warships to Strait of Hormuz as Iran vows to retaliate https://apnews.com/article/iran-iraq-us-trump-march-15-2026-...

Re: What happens when US economic data becomes unreliable

#368

Earlier quoted context omitted.

> It'd take decades to rebuild that trust that was lost in a matter of weeks. There is some truth to this. Other examples of crossing the line and breaking long-term trust would be: To Canada: Statements about Canada last year. To Europe: The idiocy around Greenland earlier this year To the Middle East: Current events.

I do wonder how far certain acts could go in rebuilding the trust. Ie real actual legal liability. Line up anyone who did insider trading, the doge guys, the big mouths in the big house, and put them through a zero tolerance military tribunal. No bullshit kangaroo court where they're let off with a slap on the wrist because they're rich. I mean strip every last one of these motherfuckers of everything they're worth.…

These would be table stakes. They would only indicate that America is moving in another direction than currently.

The rest of the world would then take a wait and watch approach.

Besides, even getting to that point would need to mean that this situation would not arise again.

Re: What happens when US economic data becomes unreliable

#369

Earlier quoted context omitted.

These are niche behaviors. Most Americans live where they live, plan to remain there (with the possible exception of what is left of the trans community in nominally red states, and some women in similar states). If and when the shit truly hits the fan (to the extent that it has not already done so), most Americans will be right where they are now, without bunkers and having filed their taxes.

I’m not talking about how most people are operating. I’m talking about the current thought movements going on and what people are doing because of the times. These are each niche things that are becoming popularized ideas. The divide you’re talking about Red vs Blue is not where strong bonds lie. We can see that from the extreme flip-flopping on Trump by various demographics and the similarities between Maga and Demo…

>current thought movements

Are just those, thoughts. Show me any real statistics that the average family is making hard changes. It's the same rhetoric as "I'm moving to Canada if ". Never happens in any meaningful numbers.

Re: What happens when US economic data becomes unreliable

#370

Earlier quoted context omitted.

[flagged]

Watching these types of comments begin to pop up here on HN of all places is fascinating.

It's disgusting. I thought this place was for rational free thinkers, turns out it can resort to lowest common comments just like anywhere else.
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