Lies, Damn Lies and Statistics
9 Articles
9 Articles

Lies, Damn Lies and Statistics
It's time to clean house at the Bureau of Labor Statistics, but not because of a poor jobs report that Trump says was
Trump Is Undermining Belief in Official Financial Statistics. China Exhibits The place That Path Can Lead
Welcome again! Louise right here. On Friday, President Trump fired one of many nation’s high economists after her company printed a disappointing jobs report. Trump claimed the numbers have been “RIGGED,” however there’s no proof that Erika McEntarfer or the Bureau of Labor Statistics (BLS) did something improper. The brand new employment information, nonetheless, urged Trump’s insurance policies are having a destructive influence on the US econ…
Official statistics have become useless
The pandemic has exposed the shortcomings in how we measure everything, from inflation to GDP to jobs, says Helen Thomas Statistics haven’t quite kept pace with the world they’re meant to measure. Designed for an economy of assembly lines and cheque books, many of today’s headline figures feel increasingly out of step with a digital, service-driven, side-hustling reality. GDP can’t tell you what Tiktok’s doing to productivity and inflation stats…
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- 75% of the sources lean Right
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