Trump Is Undermining Trust in Official Economic Statistics. China Shows Where That Path Can Lead

President Trump’s repeated attacks on official economic statistics, such as unemployment numbers and GDP growth, are undermining public trust in these crucial indicators. This dangerous trend could have serious consequences for the economy and society as a whole.

By casting doubt on the validity of official data, Trump is sowing confusion and eroding the foundation of our economic system. This tactic is reminiscent of the Chinese government’s manipulation of economic statistics to portray a rosy picture of their economy, which ultimately led to massive market distortions and economic instability.

If we continue down this path of distrust and disinformation, we risk following in China’s footsteps and facing similar economic crises. It is crucial that we uphold the integrity of official economic statistics and hold leaders accountable for their attempts to distort or discredit them.

By undermining trust in economic data, Trump is not only endangering the strength and stability of our economy, but also jeopardizing the trust and confidence of the American people in their government. This erosion of trust could have long-lasting effects on our society and democracy.

We must resist the temptation to dismiss official economic statistics as “fake news” and instead demand transparency and accuracy in our data. Only by upholding the integrity of our economic indicators can we ensure a sound and stable economic future for all Americans.