Trump can spin economic numbers – but he likely can't manipulate them, experts say

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Experts and former top economic officials say that the economic data that underpins major government programs and forms the basis for private financial forecasts is likely safe from presidential interference.

Questions about the integrity of arose following a report in The New York Times on Monday that revealed that Commerce Secretary Wilbur Ross threatened to fire senior officials at a federal weather agency over a statement that contradicted the president's claims about Hurricane Dorian.

In short, the people who work at those agencies likely wouldn't put up with any kind of data manipulation. "There is, at all of these agencies, a culture of extreme independence," Abraham said. "In all of these places, people talk to reporters." Baker, the CEPR economist, pointed out that in some of the surveys, the underlying data behind the top-level numbers are released to the public.

"One aspect I have been thinking about lately is that there appears to be no political safeguards in place to protect the economic statistical agencies analogous to the safeguards in place to protect, for instance, the Federal Reserve," said David Wilcox, who served as director of the research and statistics division of the Fed until last year.

 

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Fakenews 4LIARS, Lying. Historically, trump totally manipulates ’s &ur naïveté tuckerhiggins is stunning or feigned, considering don’s decades of Con Jobs, fraud &sex perversions w/FALSE Forbes DeutscheBank ’s WhiteHouse MarketWatch

What spin? Facts are: - The market is near an all time high - The lowest wage earners have had the fastest nominal wage growth (8.9%) - Black black and Hispanic unemployment is at record lows

realDonaldTrump doesn’t have to multiply the numbers just keep them steady. Trump has done a fantastic job here in America. If he doesn’t win in 2020 the TheDemocrats can’t possibly keep the growth going!

'Likely?' What does that mean?

Global economic numbers are all fake Conveniently cooked to support whatever the agenda. denofthieves

In India we do both

realDonaldTrump inherited good economy he's riding on Prez Obama success. Putin elected illegitimate racist con man so called Prez not smart enough to prevent economic meltdown actually invited upcoming recession stupid China trade war placed America in weaker economic position.

realDonaldTrump doesn’t have to manipulate numbers for his supporters, just lie to them

Joker of White House

Unlike Obama, who had cnbc, cnn, CBSNews, ABC, and MSNBC to do it for him.

But he can manipulate the stock market pretty good with a tweet

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