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  • DAVID STOCKMAN: It's True, The BLS Data Is Made Up

    02/08/2012 7:37:41 AM PST · by lasereye · 20 replies
    Business Insider ^ | February 07, 2012 | Gus Lubin
    After countless attempts to discredit or defend Friday's jobs report, we can all agree on one thing: The data is complicated. So complicated that the BLS could make the economy look better than it was and no one would be sure. Former Reagan budget director David Stockman said as much in an email to Bruce Krasting, in response to Krasting's criticism of the jobs report. Stockman writes: "If you spend a little time with these numbers you will know that they are being made up." Here's the email (via Wall Street Examiner): Bruce– Great job on the Summers catch, but...