The Prof G Pod with Scott Galloway
00:35:58 · Scott Galloway, Scott Galloway
And I also wonder who's actually answering these things. And funding fell more than 22% between 2010 and 2025 after inflation. Fewer responses means bigger revisions. BLS later found that it over job growth by roughly 860,000 jobs in the year ending March 2025. Why does this data matter? BLS produces the country's most important economic numbers, including inflation and unemployment, and its nonpartisan reputation is crucial to why global investors and policymakers rely on it so much. BLS staff had been saying a glass of water is never half full or half empty. It's 50% water and 50% air. In sum, these numbers matter. They're hard to mess with. But at some point, when you just choke it about oxygen and resources, it does begin... It does become harder to produce reliable, robust data. So anyways, I would say the answer is mixed, but I appreciate the question. That's all for this episode. If you'd like to submit a question for next time, email a voice recording to officehours@propmedia.com. Again, that's officehours@propgmedia.com or posted on the Scott Galloway subreddit. [00:37:04] S0: This episode was produced by Jennifer Sanchez and Laura Jenner. Cami Rica is our social producer, Brad Williams is our editor, and Drew Burrows is our technical director. Thank you for listening [00:37:13] S1: to The Prof G Pod and Prof G Media.