facebook pixel
@wired
On Friday, President Trump fired one of the nation’s top economists after her agency published a disappointing jobs report. Trump claimed the numbers were “RIGGED,” but there’s no evidence that Erika McEntarfer or the Bureau of Labor Statistics (BLS) did anything improper. The new employment data, however, suggested Trump’s policies are having a negative impact on the US economy. In the days since, Republicans have piled on, baselessly accusing McEntarfer of putting out “fake reports.” Trump hasn’t named a new BLS commissioner yet, but the saga has already left some Americans questioning whether government statistics can be trusted. If you want a glimpse of where that leads, just look at China. The Chinese government has long been accused of inflating its annual GDP growth figures, especially at the provincial level. Over 15 years later, experts say things have changed significantly. The Chinese government now releases more economic data and it's generally considered more reliable. “...

 2.1k

 72

Credits
    Tags, Events, and Projects
    • madeinchina