Sunday, September 16, 2018

New York Times on Roaring Trump Economy: Change How It Is Measured

Via Billy


Perhaps some of you might remember a familiar scene while playing poker during your teen years.

Very frequently someone who was upset at how the game was doing would yell out "DEUCES WILD!" to change the rules. It was especially suspicious if the person had just been dealt a new hand before yelling out that rule change.

Well, New York Times op-ed columnist David Leonhardt is essentially yelling out "DEUCES WILD!"  Now that the economy is soaring under President Donald Trump he wants to change the rules on how it is measured as you can see in his September 14 column, "We’re Measuring the Economy All Wrong."'

More @ MRC

4 comments:

  1. The mathematic functions to determine growth, unemployment, ect, were altered in the last administration to keep egg off their faces. Now that the same metric is used in a average growing economy, it looks extremely large due to 'cooking the numbers'.

    https://youtu.be/R-HS8P0l_KU

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  2. Manufactured numbers don't mean much to me. I know when I feel good and when I don't feel good. That measurement can't be "cooked".

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    1. Gallup: Record-Low 12% Cite Economic Issues as Top U.S. Problem

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