Trump Team Fosters Fears He`ll Adopt Alternative Economic Facts

by 10:00 PM 0 comments
The fears about data manipulation also arise from the nontraditional approach the Trump administration has taken to interpreting economic data.
Statistical agency veterans also worry that budget cutbacks could threaten the integrity of the economic data.
President Donald Trump complains regularly about what he calls ?fake news.
? What?s got some statisticians worried, though, is the risk of doctored economic data coming from the administration itself.
With Republicans promising big tax cuts coupled with fiscal prudence, the chances are increasing that they?ll take the ax to budgets of various government agencies, including those involved in compiling economic data.
One month into his presidency, Trump has yet to nominate anyone to the Council of Economic Advisers, established in 1946 to provide presidents with objective economic analysis and advice.

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