A Government Of Lies

A former White House economist says our government’s lies about the economy are so blatant, it borders on the criminal.
Michael J. Boskin was economic adviser to President George H. W. Bush and now a professor of economics at Stanford University and a senior fellow at the Hoover Institution. Boskin wrote in the Wall Street Journal that American investors no longer place much credibility in the economic and fiscal statistics being reported by the U.S. government, and are “increasingly inclined to disbelieve them.” The lack of credibility of government statistics makes it difficult, if not impossible for Americans “as a society and as individuals” because solid, reliable information is necessary for us to make financial decisions that carry grave consequences. To base those decisions on misleading, biased, or manufactured numbers, is not just wrong, “but dangerous.” 
Americans have become so cynical because of the obvious fudging of numbers involved in ObamaCare that, contrary to what we are told, most believe the health-care legislation will actually raise our insurance costs, rather than reduce them, and increase the federal budget deficit, rather than contain it.
That’s not the only area where cynicism over official statistics is growing. Most Americans are also highly skeptical of the claims of climate extremists, as well as of Obama’s spin over “jobs created and saved” by the stimulus. Boskin describes the American people as having a “more realistic reaction to the extraordinary deterioration in our public finances than do the president and Congress”!
Boskin concludes that having squandered their credibility with these “numbers games,” our elected leaders will find it increasingly difficult to garner support for difficult decisions from a public increasingly inclined to disbelieve them.
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