Dean Baker considers whether Trump’s group of supporters would be able to manipulate the bureacracies of the federal government to alter the economic outlook of the nation in a more expansive way than Larry Kudlow and others, but the data itself ( if that is even needed?) He says not likely, but how creative would one need to be? Dean Baker wonders out loud… Would Trump Try to Manipulate Economic Data Before the Election? I talked to a reporter last week who wanted to know if Donald Trump could manipulate economic data for political advantage. For example, could Trump make the Bureau of Labor Statistics (BLS) show a lower rate of unemployment or the Bureau of Economic Analysis show a higher rate of GDP growth, just before the election next fall? …First,
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Dan Crawford considers the following as important: Journalism, politics, Taxes/regulation, US/Global Economics
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Dean Baker considers whether Trump’s group of supporters would be able to manipulate the bureacracies of the federal government to alter the economic outlook of the nation in a more expansive way than Larry Kudlow and others, but the data itself ( if that is even needed?) He says not likely, but how creative would one need to be?
Dean Baker wonders out loud…
Would Trump Try to Manipulate Economic Data Before the Election?
I talked to a reporter last week who wanted to know if Donald Trump could manipulate economic data for political advantage. For example, could Trump make the Bureau of Labor Statistics (BLS) show a lower rate of unemployment or the Bureau of Economic Analysis show a higher rate of GDP growth, just before the election next fall?
…First, the people at these and other statistical agencies are dedicated professionals.
…Furthermore, since so much of the data are publicly available, it would be very hard to do this without being detected.
…Theoretically, someone could do something like this, but it would have to be a person who was very knowledgeable about the data. And, they would almost certainly need the cooperation of at least 20 or 30 people at the BLS.