[lbo-talk] Bush Administration Hiding Bad Economic News

Dwayne Monroe idoru345 at yahoo.com
Sat Jul 12 19:00:33 PDT 2003


[With the sort of data manipulation described in the article afoot, will even the most skeptical among us we have any ability to avoid (or at least warn of) the icebergs dead-ahead?]

Bush's Data Dump

The administration is hiding bad economic news. Here's how.

By Russ Baker Posted Friday, July 11, 2003, at 12:56 PM PT

The Bush administration is finally facing tough questions about its selective use of intelligence in selling war with Iraq. But Americans shouldn't just be skeptical of what the president says about WMD. They should be skeptical of what he says about GDP. In economic policy even more than in war policy, the Bushies have successfully suppressed, manipulated, and withheld evidence to serve their policy purposes.

Of course every administration likes to trumpet its good news and hide its bad, but what's remarkable about the Bush team is its willingness to stifle data that had been widely released and to politicize data that used to be nonpartisan.

The administration muzzles routine economic information that's unfavorable. Last year, for example, the administration stopped issuing a monthly Bureau of Labor Statistics report, known as the Mass Layoff Statistics program, that tracked factory closings throughout the country. The cancellation was made known on Christmas Eve in a footnote to the department's final report—a document that revealed 2,150 mass layoffs in November, cashiering nearly a quarter-million workers. The administration claimed the report was a victim of budget cuts. After the Washington Post happened to catch this bit of data suppression, the BLS report was reinstated. (Interestingly, President George H.W. Bush buried these same statistics in '92, also during a period of job losses. They were revived by President Clinton.)

The Bush economic team has snuffed its own reports when they reach conclusions that don't match the administration's rosy scenarios.

[...]

full at http://slate.msn.com/id/2085481/

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