stock market statistics 2009

U.S. Government is cooking the books for economic statistics?

When Report 2009 Q1 GDP came first, indicating a contraction of 6.5%, then the feds was revised up to -5.4% to inflate the stock market, and then in the third revision which was characterized in the back to 6.4% decrease. The same appears to be hapenning with all other indicators of the economy. The figure is much cheaper to go on tours propaganda that everything goes well, then to make tough economic decisions. Is U.S. will fall like the Soviet Union, since it is the government has become totally corrupt and all the time about almost everything?

Yes, a lot of people suspect the accuracy of economic data released by the government agencies. Economics is a social science that deals with human behavior. And a commonly accepted idea in economics is to inspire optimism and confidence among consumers and business makes the economy work better. What is probably the reason why there is a lot of positive propaganda in the media and officials government. But keep in mind that propaganda like this has worked in the Soviet Union for 70 years. Soviet Union collapsed when the government chaired by Gorbachev dropped his propaganda and began to tell people the truth. While most people believe the government propaganda. Then the country will stay together and continue to operate more or less. Is when most people lose their faith in their government, the country is in danger of collapse.

Princeton & Harvard Professors Talk About Employment, Stock Market, and University Admission (1/4)

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