Friday, March 17, 2017
Former Treasury Secretary Robert Rubin Warns About Potential Government Economic Data Manipulation
Former Treasury Secretary Robert Rubin appears to be concerned that the Trump administration may be willing to manipulate economic data.
There is already one report out by The Wall Street Journal that says that the Trump administration is considering changing the way it calculates U.S. trade deficits, a very edgy (read: dishonest) shift that would make the country’s trade gap appear larger than it has in past years.
Rubin says, "We now have an environment in Washington in which there seems to be a reasonable number of people who would like to fit the facts to their policies rather than starting with the facts."
Video of Rubin's comment here.
at 5:12:00 PM