The Soviet Union also used to falsify statistics
Reposted from
Catherine Rampell
This is ominous. Commerce Secretary suggests new GDP calculations might deliberately exclude government spending to obscure impact of DOGE cuts.
apnews.com/article/trum...
apnews.com/article/trum...
Comments
They are proposing a US GAAP accounting approach - at best, or an off balance sheet Enron type accounting - at worst.
As no other statistical bodies wld follow suit… that's a lot of explaining to do. 🤔
- Populists make grand and pompous announcements and promises.
- Populists struggle to achieve their goals because, well, it's not so easy.
- Populists either blame everyone around them or manipulate statistics.
Imagine thinking they're telling you the truth about anything lmao
Also the fed is going to be holding bitcoin or scamcoin number 3.
The accountants are all being fired and replaced with an AI that inserts images of 2 left feet into reports randomly.
Let us borrow your money,
Signed
Wibble
It would lead to dumping of US Debt all over the world & that’s devaluation of the $ & that’s the US economy
They’re playing with fire
The 'unreal economy' of roads, water, schools, Medicare, defence can all then shrink without effect, or even be outsourced to show 'real growth'
🤣🤮💩🤮💩🤮💩🤮💩🤮💩
Deliver us from evil.
The thing our federal government does that provides greatest ECONOMIC MULTIPLIER IS FOREIGN AID.
Second greatest is buses within cities and buses between cities. More money spent on cars less money for other things and more pollution, health care costs, etc.
Third greatest is k-12 schools
Healthier people are in USA and other countries more products they may be able to buy and sell over time.
Foreign aid reduces pandemics, terrorism.
Huge problem for us, other countries is SAFE DRINKING WATER.
People have a hard time paying the bills when not able to get to and from jobs.
That's all we need to know.
https://academic.oup.com/ije/article-abstract/35/6/1398/660142
1a + 2a = -47
Fact is: you have the right to assemble, you have the right to be armed. Eventually people will lawfully(🤞) assemble, armed.
just a matter of time, and degree of pain.
I agree, civil disobedience is the first and best course.
I don't think this regime will practice restraint, and isn't beyond using provacateurs to kick it off.
Every accusation is confession. --->J6
https://shadowstats.com
Elon fatfingers something over at Treasury, and the death spiral could be unprecedented.
Donald Trump is positive for the country.
So why should we measure?
Don’t look up.