The Impact of Data Manipulation and Revisions on Economic Narratives
TL;DR Summary
The article discusses concerns over potential manipulation of US economic data, drawing parallels with Greece and Argentina's past falsification of economic figures, and emphasizes the importance of credible government data for global markets. Despite political tensions, experts believe the US's economic size and data quality are currently robust, but warn of risks from revisions and budget cuts to data collection.
- What would happen if America started faking its economic data? Here’s what happened when other countries did it CNN
- How bent BLS data could fuel conservatives’ war on working women MSNBC News
- Trump’s answer to numbers he doesn’t like: Change them or throw them away yahoo.com
- Big Business and Wall Street Need to Stand Up for Honest Data The New Yorker
- Why does the federal jobs report get revised? The Hill
Reading Insights
Total Reads
1
Unique Readers
2
Time Saved
6 min
vs 7 min read
Condensed
95%
1,277 → 60 words
Want the full story? Read the original article
Read on CNN