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Walmart, Apple, and Amazon, the most successful companies in the U.S., base their corporate strategies on data: consumer behavior data, market research, financial, product, and competitive analysis data.
Any CEO who deliberately relied on falsified data, or who demanded cooked books, would be fired immediately — and likely sued by the Board of Directors.
Any CEO of any company who tried to manipulate the appearance of short-term success for his own personal gain, at the expense of long-term viability for the company, would also be fired and likely sued for malfeasance, and worse.
A successful CEO knows that falsifying economic or financial data can lead to charges of securities fraud, wire fraud, and other financial crimes, because false data can ruin investors, corporations, and markets overnight.
Enter Donald Trump, whose self-proclaimed governing philosophy is “running the country like it’s a business.” Debunking the lie of his own manufactured image as a “successful businessman,” last Friday, Trump angrily fired the Bureau of Labor Statistics (BLS) Commissioner because he didn’t like her data, even as he wears 34 felony convictions for falsifying records.
Dr. Erika McEntarfer, a widely respected statistician, enjoyed bipartisan support, including confirmation votes from Marco Rubio and JD Vance. Appointed commissioner under the Biden administration, she holds a Ph.D. in economics from Virginia Tech, and served at the Census Bureau for two decades under both parties prior to her BLS appointment.
By federal law, McEntarfer’s appointment ends in 2028. Trump fired her anyway because he was embarrassed by jobs data that didn’t match his own hype. In May, the White House said that April’s jobs report “proved” that Trump was “revitalizing” the economy. In June, Trump posted, “GREAT JOBS NUMBERS.” After the Labor Department released revised jobs figures for those months — a common practice because jobs reports are sample projections that get adjusted when actual employer data come in — Trump fired the messenger.
Trump’s penchant for hiding and falsifying data has put American corporations and the economy in more danger. Just as he scrubbed government websites of climate data to bolster his fossil fuel donors, just as he ordered the Smithsonian to remove an exhibit accurately reflecting his own impeachments, Trump thinks reality is whatever he says it is.
As he fantasizes about returning America to the Gilded Age, where robber barons extracted the earth’s resources for unimaginable profit while laborers worked for starvation wages, he’s forgetting that his oligarch donors need accurate economic data too. At least oligarchs creating real products and delivering real services—as opposed to merely speculating- in Trump’s image—need real, reliable, and uncooked data.
McEntarfer should sue
When Trump fired McEntarfer in a social media post, he declared that her numbers were “phony.” He wrote on Friday, “In my opinion, today’s Jobs Numbers were RIGGED in order to make the Republicans, and ME, look bad,” adding: “But, the good news is, our Country is doing GREAT!”
He said the numbers had been manipulated for political purposes and announced he fired McEntarfer as a result.
Trump also baselessly accused McEntarfer of manipulating jobs numbers before the November election to advantage Kamala Harris. Trump said to reporters, “I believe the numbers were phony, just like they were before the election, and there were other times. So you know what I did? I fired her, and you know what? I did the right thing.”
When asked what his source was, he said, “my opinion,” confirming that there was no evidence to back up his reckless claims, claims that permanently tanked the reputation of a celebrated career professional.
Presidents are not immune from civil prosecution
No doubt Trump slurred McEntarfer based on his own “opinion” to avoid defamation liability, but an opinion that implies a false fact is still defamatory, it is still actionable, and presidents are not immune from civil lawsuits for defamation.
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