Elizabeth Barrette (ysabetwordsmith) wrote,
Elizabeth Barrette
ysabetwordsmith

  • Mood:

Casting Light on the Shadow Statistics

If you think the economy is worse than the reports, you're probably right. The government is massively underreporting the number of people who need work and have none, or who have too little work to meet their needs. This is a case of lies, damn lies, and statistics -- the way questions are answered and numbers tallied allows the government to manipulate the facts into something less appalling than the whole truth. The real unemployment rate is about 17.5%.

Here is a video explaining some of the manipulations, and compensated numbers. It's not just sensationalism; there's an example in there that backs down from one widespread comparison to the Great Depression. You can find the Shadow Government Statistics page here, with more detailed information.
Tags: economics
Subscribe

  • Post a new comment

    Error

    default userpic

    Your IP address will be recorded 

    When you submit the form an invisible reCAPTCHA check will be performed.
    You must follow the Privacy Policy and Google Terms of use.
  • 3 comments