Wednesday, August 7, 2013

GOVERNMENT DATA

Why would anyone trust  government data?

You shouldn't and here's a link to why. Revisions used to be minor adjustments. Now, however, despite so-called more sophisticated collecting means like computers and super computers, these revisions have become suspect if not indeed an outright joke.

But that's not the only problem. The data is often flawed even before it's collected. Few people want to look bad especially if it's going to affect their source of income.

We once knew a fellow who was responsible for tallying the number of lost man hours owing to injuries on the the job for the US Post Office. He said the local people routinely fudged the numbers to look better.

Our own investigation substantiated that claim. That was the good news. The bad news was by how much they routinely fudged.

http://www.marketwatch.com/story/government-pulls-rug-out-from-under-us-2013-08-06?dist=lbeforebell

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