A troubling report on CNN’s Outfront with Erin Burnett says that economists are beginning to question whether the economic data coming out of the Trump administration is accurate/reliable.
As host Erin Burnett correctly points out, economists around the world regard the economic data coming out of the U.S., as the gold standard, in large part due to their belief that it’s free from political manipulation.
If U.S. numbers can’t be trusted anymore, as this report suggests, it is bound to affect the U.S. economy negatively in key sectors that rely on that “gold standard” perception. I think we can all agree that regardless of what political party is in power in the United States, economic data must remain independent.