December 18, 2009

Faulty Government Statistics


Everyone wants the economy to grow. And we all want to see people happy again, shopping their brains out and humming "Santa Claus is Coming to Town."

So spend! spend! spend! -- if it'll make you happy. It's good for the economy and the patriotic thing to do.

But what isn't so good is self-deception. Failing to look behind the numbers is what got us into this economic mess. Why do we continue to allow Wall Street experts to interpret things for us?

http://www.nypost.com/p/news/business/the_footnote_that_killed_nov_retail_tBtZHigWt8JO830wPoZk3J

The footnote that killed Nov. retail sales
John Crudele
New York Post
Last Updated: 4:42 AM, December 17, 2009
Posted: 1:56 AM, December 17, 2009

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