(Reuters) -Investor Ray Dalio said on Monday he, too, would likely have fired the commissioner of the Bureau of Labor Statistics because he “believes the data is not good”, but urged U.S. President Donald Trump to disclose the reasoning behind her removal.
In a post on social media platform X, Dalio – founder of hedge fund Bridgewater Associates – said leaders “manipulating numbers” to suit their political objectives could be a big problem, echoing growing concern around the quality of economic data.
Trump fired Bureau of Labor Statistics Commissioner Erika McEntarfer last week, accusing her of rigging the jobs figures, but did not provide evidence of the alleged manipulation.
“It would be good if President Trump made his thinking clear,” Dalio said.
Critics have warned Trump’s move co