A big issue with published data being tampered with is that many businesses, organizations, and financial institutions make decisions based off of them (the last doing so automatically with text scraping bots that then make lightning fast moves in the financial markets). If the data starts becoming untrustworthy, organizations and companies will become more hesitant to make moves and have to rely on other sources or jerry-rig their own estimations. Something I consider even more tragic is that even if later publications become accurate and unbiased, the damage will already be done and it will be hard to do time-series analyses knowing that there was a period of faulty data points.
My Senators will oppose these moves, but I'll email them anyway. However, nothing that this administration does can be trusted, and our best bet is to look for data sources that can be relied on. Federal Reserve data is one source, blue state statistics another, and some polls. Thank you for providing good information, and it should matter to everybody.
"Government data belongs to the public! You should be mad about this!" "You should be very worried about plans to consolidate data agencies." "This is a bridge too far, and call your Congressperson and Senator to voice your displeasure." Yes, Yes, YES!!!
To Do: phone/email your Congressmember and Senators and register your serious complaint, and state that you want a reply defining what they are each doing about it. Cc your attorney.
A big issue with published data being tampered with is that many businesses, organizations, and financial institutions make decisions based off of them (the last doing so automatically with text scraping bots that then make lightning fast moves in the financial markets). If the data starts becoming untrustworthy, organizations and companies will become more hesitant to make moves and have to rely on other sources or jerry-rig their own estimations. Something I consider even more tragic is that even if later publications become accurate and unbiased, the damage will already be done and it will be hard to do time-series analyses knowing that there was a period of faulty data points.
Cooking the books is no bueno.
My Senators will oppose these moves, but I'll email them anyway. However, nothing that this administration does can be trusted, and our best bet is to look for data sources that can be relied on. Federal Reserve data is one source, blue state statistics another, and some polls. Thank you for providing good information, and it should matter to everybody.
"Government data belongs to the public! You should be mad about this!" "You should be very worried about plans to consolidate data agencies." "This is a bridge too far, and call your Congressperson and Senator to voice your displeasure." Yes, Yes, YES!!!
"Government data belongs to the public! You should be mad about this!"
Same goes for election data!
To Do: phone/email your Congressmember and Senators and register your serious complaint, and state that you want a reply defining what they are each doing about it. Cc your attorney.
Also see this article in today's Wall Street Journal: Economists Raise Questions About Quality of U.S. Inflation Data" by Matt Grossman.
https://www.wsj.com/economy/cpi-inflation-data-accuracy-8bd2a8ae?st=EQctTV&reflink=desktopwebshare_permalink
😬😬😬