
‘Do you believe
everything the government tells you? Economist and statistician John
Williams sure doesn’t. Williams, who has consulted for individuals and
Fortune 500 companies, now uncovers the truth behind the U.S.
government’s economic numbers on his Web site at ShadowStats.com.
Williams says, over the last several decades, the feds have been
infusing their data with optimistic biases to make the economy seem far
rosier than it really is. His site reruns the numbers using the
original methodology. What he found was not good.’
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