If the US Government is known for corruption and lies can we trust the economic numbers they give us?

Question

http://en.wikipedia.org/wiki/Economy_of_Sweden
Swedish economic numbers are unbelievably good but
US economic numbers are not. Since the 1970's
it has been gradually weakening
http://en.wikipedia.org/wiki/US_Economy
Hard to believe considering the US governments words lately including cons and libs who both lie to cover their but.

Thank you Zack for providing quotes instead of nationalistic blind comments. Nationalism only hides lies and leaves them in darkness.
I have dual citizenship in the US and Greece but since the US is in a recession and the Euro is real strong I am now in Thessaloniki,Greece. I give no allegiance to any country only to the earth. Reason?
Economic survival. Sound like good enough of a reason?

I do prefer Futbol over American Football.
So sue me!!!

I only used Sweden as an example.
I currently would not want to live in Sweden.
Not that I would not want to but I am allergic
to cold weather LOL. Stockholm was beautiful though and its public transportation system is much better than the US or Greece.
Amtrak is a joke.

I did not mean to research Swedens economy but WOW they pay taxes sure but the average income is over $42,000 much higher than the US and standard of living is much higher also."While similar in form to other governments in Western Europe, the Swedish state is among the most generous in the scope of government services provided. These include tax-funded childcare, parental leave, a ceiling on health care costs, tax-funded education (all levels up to, and including university), retirement pensions, tax-funded dental care up to 20 years of age and sick leave (partly paid by the employer). Parents are entitled to a total of 480 days partly paid leave between birth and the child's eighth birthday, with 60 days reserved specifically for each parent, in effect providing the father with two so-called "daddy-months". The ceiling on health care costs makes it easier, relative to other nations, for Swedish workers to take time off medical reasons."

Whats better than Wikipedia?
I will use it.

Seems like Yo Its Me and Zack
both hate Wikipedia an
Love Chevrolet and Apple pie LOL

Ah hello
DOW, nasdaq and S&P is not the economy to the average american. Those stock markets are driven by mostly international stocks and don't help the average american make a living. Euro loves it though LOL

Why do Americans always try to put words in peoples mouth?
Like the media is in collusion with the government?
I am pretty sure they report what the government says or the may get in trouble for lying?
Grow up nuclear holocaust man lol

Answer 1

There are statistics and there are damn statistics. The government can make those numbers say anything they want. I don't trust libs or republicans to tell the truth.

Answer 2

First off, wikipedia is not a reliable source and it is certainly not an acceptable primary source in any academic argument. Second, a lot of our economic numbers are reported by private enterprises such as Dow Jones and the news media (I take it that you believe they are all in collusion with the government) . Third, by comparing the U.S. with Sweden you are showing that you favor socialist economies over capitalist economies. Furthermore, Sweden is a small economy with a very high tax rate. Generally large companies that produce a lot of jobs leave, rather then move to countries like that.

But the fact that you believe the U.S. is in a recession says it all. Inflation and unemployment are low, home ownership is high. Just because you say the economy is bad, does not make it so.

Answer 3

It's sad, but you can't believe it. Numbers can be scewed and manipulated to make it look the way a person wants it to.

For example, if the US Gov't is in debt by 3.5 billion this year, and last year it was 3.4, and the year before that it was 2.9, then the report would read, "US Gov't debt reaches record for lowest increase". When the true story is "US Gov't debt still increasing".

So numbers don't mean anything when they can be spun in such a way. The media in the USA basically makes up people's minds for them.

Answer 4

Look at the stock market figures and compare them week by week or mo. by mo.: Dow, Nasdaq.
S & P . These figures will tell you how economy is doing. Of course Bernake
(sp) will talk about inflation or no inflation.
By the way the Stock Market figures have
been going up lately.

Answer 5

1

Answer 6

You do not like US, leave or if you do not live here, good for us. You know nothing about this thing your saying and shame on you for posting such corrupt lies.

Answer 7

don't mess with the Euro. The market is more global, it will equalize the world economy now.

Answer 8

so if the numbers say that the economy is weakening, and you say you can't trust the numbers, does that mean the numbers are really getting better?

Answer 9

yes they are internationally verified, the world wants to know what the american internationals they are investing in are worth

Answer 10

I didnt know they were known that way...the French now?..oh yeah