Business and FinanceBusiness and Finance
Sat, March 8, 2025
[ Yesterday Morning ] - MSN
S. Korean actress Moon Jung-hee
[ Yesterday Morning ] - CNBC
Market Open: March 7, 2025
Fri, March 7, 2025

Commentary: Fudging the data won't help the Trump economy


Published on 2025-03-07 13:00:50 - AOL
  Print publication without navigation

  • As President Trump and his chainsaw, Elon Musk, dismantle the federal government, economists are starting to worry that one casualty could be the lifeblood of their profession: data.

The article from AOL Finance discusses the issue of data manipulation in economic reporting, particularly focusing on how the U.S. government might be adjusting economic data to present a more favorable economic outlook. It highlights concerns raised by economists and financial analysts about the accuracy of key economic indicators like employment rates, inflation, and GDP growth. The piece argues that while some data adjustments are standard practice to account for seasonal variations or other factors, there's a growing suspicion that these adjustments might be exaggerated to mask underlying economic weaknesses. This manipulation, the article suggests, could mislead policymakers, investors, and the public, potentially leading to misguided economic policies and investment decisions. The commentary calls for greater transparency and scrutiny of how economic data is compiled and adjusted, emphasizing the need for integrity in economic reporting to maintain trust in government statistics.

Read the Full AOL Article at:
[ https://www.aol.com/finance/commentary-fudging-data-won-t-172947309.html ]