Aug 6, 2011

Lies, damned lies, and statistics

For those of you out there who may be skeptical about the reliability of today’s jobs numbers, you’ve got good reason.
Just as the alleged massive ”cuts” to federal spending in the debt-ceiling deal are actually just slightly-less-massive increases in federal spending, the alleged “drop” in the unemployment rate from 9.2 percent to 9.1 percent somehow coincides with more Americans being out of

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