Lies, d*mned lies and statistics, page 1
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ATS Members have flagged this thread 3 times
Topic started on 20-10-2009 @ 01:28 PM by Historical-Mozart
I am seeing far too many posters in this forum using government-created statistics and, even though the shadowstats site has been mentioned before on this site, I thought that it would be worthwhile to revisit that site and use the accurate tools of economic measurement that puts any of the government stats to shame.


And that site is:
www.shadowstats.com...


Here's what John Williams, the founder of that site says:

Have you ever wondered why the CPI, GDP and employment numbers run counter to your personal and business experiences? The problem lies in biased and often-manipulated government reporting. We offer an exposé of the problems within the reporting system, and an assessment of underlying economic reality, through two basic services:



Please frequently use that site to counter the false stats, the damned lies and statistics that plague the Internet and the media.


Here's an interesting bit of information about the well-known phrase "Lies, damned lies and statistics:

en.wikipedia.org...



[edit on 20-10-2009 by Historical-Mozart]


reply posted on 20-10-2009 @ 02:39 PM by mikerussellus
reply to post by Historical-Mozart



An old saying in statistics;

"Torture numbers long enough, and they'll give you any answer you want."
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