US economy shrank much faster in 1st quarter than previously reported

[Farmer-Rick]

4. And is this the truth?

I didn't see your post when I posted 617blue but great minds think alike.

I mean was it true when they previously reported as being much better or is this new reporting the truth? I know, I know, the Commerce Department gives out 3 estimates as a matter of routine. But ......................

Can we really trust anything the current administration is reporting? They have put in Nazis throughout the government and fired honest capable people. How deep does the rot go? How easily do Nazis lie for their dystopia?

Trump appointed his own Nazi as head of the Commerce Department. (Glad they stopped calling it the Department of Commerce and Labor, they never gave a crap about labor)

The current department secretary, Lutnick, was a fundraiser for Donald Trump's 2020 and 2024 presidential campaigns, as well as a vocal proponent of Trump's proposal to implement broad tariffs.

So....take whatever his department reports with a big grain of salt. Yes, they will lie for their ideology to look good. If they are reporting this downturn, how bad must it be for real?