What would happen if America started faking its economic data? Here’s what happened when other countries did it

What would happen if all countries stopped faking their data?

Da fuq you guys know about how the data is made anyways? Move along, this topic is too much for you to process. Back to gambling

The economic data released by the USA department/s is not the gold standard as is often quoted. Far from it.

Many other countries have far superior data collection and collating processes.

Its methods are inefficient, outmoded and demonstrably not credible. This was articulated in an article on FF a week or so ago which I could dig up if necessary. One example was the practice of mailing out survey questions and then waiting for them to be returned. Some crossing of fingers involved.

This fails so many standards of unbiased, timely and accurate statistical processes.

The USA already has a lot of processes in place - it just doesn't use them. eg, regular payroll reporting (yes, internet) for tax reasons. Something like that, going from memory from that article.

This is not a good start. To then speculate about the data being "faked" is just moving the goal posts from being bad to worse. Bad for good?

Edit - and now I read right to the end of the provided article and some of the things I wrote about are addressed. doh

He fired Biden's stooge, good riddence. Be great to get rid of CNN, another Demoncrat stooge.

The fed already has a speech about how each piece of data they release (unemployment rates, consumer spending, etc.) may or may not be true for 'national security' though the data can be used "to make financial and investment decisions". I wish I remembered the title of the speech or when it was written.

sounds like someone would rather have smoke blown up his arse than hear truths

the data is rigged from the get go

LOL clown show editorial from the misdirectors of information. Cabal News Network Cornerstone of the Hippocratic Party in the US is Deception Not Candor.