[quote=SD Realtor]As I have always said, statistics can be presented in any manner needed to make things seem okay. You are told inflation has been tame to non existent for the past few years yet if you look at the price of food year over year it has gone up substantially. How about the number of people underemployed? How about the number of people who have given up working altogether? I am not saying the economy is not improving because it is. However I just do not gulp down whatever the govt tells me and smile and say yep everything is great![/quote]
EXACTLY. NO doubt the economy is improving and employment numbers are getting better but governments are always able to manipulate numbers the way they want them to come out.
The USA is much better about it vs. other countries. It’s comical in other countries like Argentina where the government says true inflation is 9% a year even though it’s really more like 25% to 30% a year. And when economists put out their own numbers, the president has them threatened to get fined and arrested.
