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Economic Statistics

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Economic Data Flaws and Inflation Trends Signal Uncertain Outlook

Originally Published 17 days ago — by Los Angeles Times

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Source: Los Angeles Times

The article questions the reliability of recent U.S. economic statistics, highlighting how government shutdowns and data collection issues distort the true economic experience, especially for middle- and lower-income Americans, despite positive headlines about inflation and GDP growth. It emphasizes that these figures often benefit the wealthy and do not reflect the struggles of most Americans, warning against partisan interpretations and stressing the need for cautious analysis.