Thursday, January 14, 2010
Michael J. Boskin: Don't Like the Numbers? Change 'Em - WSJ.com: "Politicians and scientists who don't like what their data show lately have simply taken to changing the numbers. They believe that their end—socialism, global climate regulation, health-care legislation, repudiating debt commitments, la gloire fran�aise—justifies throwing out even minimum standards of accuracy. It appears that no numbers are immune: not GDP, not inflation, not budget, not job or cost estimates, and certainly not temperature. A CEO or CFO issuing such massaged numbers would land in jail."
Posted by Don at 8:44 PM