E.J. Antonia

So if you were OK with the numbers under Biden and we're going to use the exact same methodologies under Trump.

why are you all of a sudden not okay with them?

That makes absolutely no sense.

The big complaint that so many economists had under Biden was not even necessarily the methodology, but the fact that a lot of the numbers we were seeing, like GDP, like the jobs numbers, they were getting artificially increased, if you will, by government hiring and by government spending.

And so you weren't actually looking at real growth in the productive private sector.

You were looking at

Again, just government growth, the government getting bigger, which does not mean more products and services for people to buy.

It just means more paperwork.

It means more busy work, essentially.

It means more expenditures without actually increasing output at all.

Today, we're seeing exactly the opposite.

So the complaint that people have really has nothing to do with any kind of empirical analysis.

It seems to be a purely political attack.

Best place to find me is on X. The handle there is at real EJ and Tony.

Merry Christmas, Steve.

Thank you for having me.