- cross-posted to:
- politics@lemmy.world
- cross-posted to:
- politics@lemmy.world
U.S. President Donald Trump’s administration has disbanded two expert committees that worked with the government to produce economic statistics, potentially affecting the quality of data.
The terminations by Commerce Secretary Howard Lutnick were effective February 28 and communicated on Tuesday via email to one of the panels, the Federal Economic Statistics Advisory Committee (FESAC), which assisted with inflation and employment gross domestic product (GDP) data.
If you want fabricated numbers to make your policies look good, you’re also going to dick up things for companies and institutions who use those numbers for planning.
If Trump Bankrupts the Big Four, All Accountants Will Hate Him.