US EditionWhat would happen if America started faking its economic data? Here’s what happened when other countries did it | News Channel 3-12
13 Articles
13 Articles
By Luciana Lopez Lying to lenders is bad enough on an individual level. It's even worse on a national level. That's the specter raised by President Donald Trump's critics following the firing of the director of the U.S. Bureau of Labor Statistics this month following the release of disappointing jobs data. While there's no indication that the data has been manipulated (beyond White House claims), or that it will be in the future, the White House…
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thedailyeconomy.orgAre the BLS and Other Government Statistical Agencies Partisan? Here’s What My Research Found
Finding consensus among economists is an occasional treat. Last week’s firing of Bureau of Labor Statistics (BLS) commissioner Erika McEntarfer by President Trump was one such occasion. With few exceptions, the reaction has been that the claims she was dismissed for producing “low-quality” data or displaying “partisanship” are mere cover — a simple case of machine-gunning the messenger. There is little to substantiate the claim that the BLS prod…
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