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July 28, 2006 -- There are
extraordinary biases that I believe are behind the
design and presentation of many US government
statistics. It seems to me that the public should
know much more about this. My research reveals many
surprises.
I'm writing a series
of editorials for the Investing for the Soul website
on the ethics of US government statistics. The
first article in the series begins below. Feel free
to use it, or parts of it, as you wish. I only ask
that appropriate credit be given.
Unethical
Statistics - the US Consumer Price Index?
by Ron Robins
Media relentlessly publish the latest government
statistics, and markets react to them, sometimes
violently. Often your paycheque, government support
payments and investment income are significantly
influenced by them. But are they valid? Some astute
economists and statisticians conclude there is
obfuscation of these statistics, and subsequent
misrepresentation of them in the media – who usually
have neither the time nor expertise to examine them.
Best wishes, sincerely,
Media that have
featured our activities include: Report on Business
Television's Business Morning; CBS
MarketWatch; The Financial Post; Rogers
Television's Money Line; CBC Radio One's Metro
Morning; 680 News Radio; New Directions Magazine;
The Catholic Register; and Environmental News
Network Radio. |
