Shadow Government Statistics - Is the government manipulating numbers to make the economy look better than it really is?
Posted September 22, 2008 - 18:36 by Xin Lu
About a year ago I wrote an article about the Consumer Price Index that made some friends say that I am a conspiracy theorist, but apparently I am not alone in believing that the government reports statistics that are far from reality. John Williams is an Oakland based economist who has been running the website Shadow Government Statistics for more than five years, and he reports an alternate set of statistics based on his research. He believes that the government has been painting a rosy picture of the economy for many years, and his set of numbers are quite alarming if you believe it.
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