Anybody see something really odd here? -> Looks like they corrected it.
Don't gaslight me, bro.
According to the Federal Reserve, as of 3 days ago the share of total net worth held by the top 1% plummeted.
Someone please call them out on this (unless it’s an innocent mistake, which it is not).
All of government statistics are a model. The bureaucrat's job is to make the numbers fit the model. The politician's job is to make the citizenry accept the model as truth.
Consider this duplicity. The census is a model. It assumes that data inputs can be interpreted a certain way to yield an official number that equates to the population of the country distributed across thousands of geographic location. The census is one of the most important of all government numbers as it directly influences the distribution of congressional representatives and electoral votes and federal distributions.
We know there are errors in the census. This was reported on the past month. Note however that the people reporting errors in the census are part of the same government doing the census. This error reporting yields the impression the census process is sincere about being accurate but it is still all a confidence game. Note that when the Census department reported that a quality check survey did not match the 2020 Census results, the 2020 results are still accepted as the 'TRUTH".
But we know they are not TRUE. Why then are the wrong numbers being used to make government decisions? We also know that while the census numbers are not true, we don't really know the actual census numbers! It is all handwaving.
https://www.census.gov/library/stories/2022/05/2020-census-undercount-overcount-rates-by-state.html
"It's smoke!, and it's flames now!! ... and the frame is crashing to the ground, not quite to the mooring-mast. Oh, the humanity!! . . . and all the passengers screaming around here!"