Faulty Speedometers - Clark Center Forum

Faulty Speedometers - Clark Center Forum

Driving safely requires an accurate speedometer. Knowing when to press on the brakes and when to push down on the accelerator is much trickier if a driver is not really sure exactly how quickly they are currently travelling. Much the same can be said when it comes to economic policymaking; reliable, timely and reasonably accurate economic statistics are a prerequisite to sound policy making. For the past few years, the job of British policymaker…