Oh no, Not the Truth

Examining phony data for the very first time. Big pic starts it off and then links to the NYT. Just one point made is:

The fundamental shortcoming is in the way imports are accounted for. A carburetor bought for $50 in China as a component of an American-made car, for example, more often than not shows up in the statistics as if it were the American-made version valued at, say, $100. The failure to distinguish adequately between what is made in America and what is made abroad falsely inflates the gross domestic product, which sums up all value added within the country . . .
Take a look it might begin to defog what we read.

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