The Evils of Government Statistics

by Brian Maher
Daily Reckoning

The official unemployment rate is 11%. Yet we remind you:

The unemployment rate is but a statistic. And statistics are the damndest of all damnable lies.

Thus we wonder… What is the truthful unemployment rate?

Today we peer within official numbers, behind official numbers, beneath official numbers… in pursuit of a square answer.

But first to another extravagant fiction — the stock market.

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