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6min chapter
131. Why The Stats Behind The Budget Might Be Wrong
The Rest Is Money
Rethinking Economic Data and Growth Metrics
This chapter delves into the reliability and timeliness of economic data, particularly focusing on the discrepancies between initial GDP figures and their revisions. It advocates for a more comprehensive understanding of economic well-being through the lens of jobs, incomes, and living standards, rather than relying solely on traditional growth statistics.
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Discover
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