It’s really a statement on our times.
Source; Kalshi, accessed 8/15/2025.
As noted in an excellent article by Lauren Gurley in WaPo, these are some views of Dr. Antoni, two of which I was unaware of:
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Bureau of Labor Statistics data is ‘phony’
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Social safety net programs are ‘Ponzi schemes’
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Tariffs impact the import price index
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Monthly jobs report should be paused
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The Federal Reserve should be removed
To reiterate, here is a recap of his mishaps with data:
EJ Antoni/Heritage: “Back from the Brink: Trump’s Economy Soars Instead of Crashing”
The Great Replacement “Theory” * Comes to Economics at Heritage
EJ Antoni Redefines Recession as What the American People Feel
EJ Antoni Worries about the Gap between CES NFP and CPS Employment
Son of ShadowStats: “Government economic figures hide the truth about the economy”
Did Government Employment Account for Most of September’s Employment Gains?
Lessons in Why We Don’t Judge Recessions on the Basis of GDP
The Great Replacement “Theory” * Comes to Economics at Heritage
“we never left the recession of March 2020 and … everything has been getting gradually worse”