Every month the government avails us with mountains of data we plow through to determine the health and well-being of the economy. The numbers are released and one can anticipate the economists will fight over the meaning. But a growing number of voices are questioning the validity of the data. The assumption is that qualified and objective data miners are hired to accumulate and then disseminate the information. Politicians can't change facts but they can pressure statisticians to massage their numbers. Enough of these incremental modifications over the decades and today's information can be quite perverted. Thus, benchmarks at the beginning of every new administration will be flawed. The good intentions of the current administration can't go back and rewrite a legacy of crafted information. Click on the title above to learn more about people's concerns.
No comments:
Post a Comment