“You can’t really make the numbers different or better by firing the people doing the counting,” said Sen. Rand Paul
Several Republican senators and right-leaning experts have criticized Trump for the decision.
“If the president is firing the statistician because he doesn’t like the numbers but they are accurate, then that’s a problem,” Sen. Cynthia Lummis (R-Wy.) told The Guardian. “It’s not the statistician’s fault if the numbers are accurate and that they’re not what the president had hoped for.”
“If she was just fired because the president or whoever decided to fire the director just … because they didn’t like the numbers, they ought to grow up,” said Sen. Thom Tillis (R-N.C.).
“We have to look somewhere for objective statistics,” Sen. Rand Paul, (R-Ky.) told NBC News. “When the people providing the statistics are fired, it makes it much harder to make judgments that you know, the statistics won’t be politicized.”
This will make the US un-investable , like China. When there are no reliable metrics capital will move to places where the risk is acceptable.
Right, bcz nobody ever invests in China now… please. The U.S. moved our entire manufacturing sector over there, tell me thats not investment…
It’s a form of investment in the colloquial sense, but the relevant difference is between paying for physical objects that are completely outside of China’s control once they’re delivered to you and paying for shares of a Chinese company which may be fake and which the Chinese government might take away from you at any time.
There’s a tragedy of the commons going on with manufacturing. Moving all US manufacturing to China is a big risk for the entire USA, but moving one company’s manufacturing to China is good for that company (or even required to be competitive). Meanwhile investing in Chinese firms is risky for each individual investor.
Individual private enterprises made the decision to manufacture there because it’s cheaper. Not the “U.S.” and the majority of manufacturing jobs were replaced with automation.
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