The President and his GOP associates want to stand up for state statistics and use deceptive budget tricks to lie about the impact of their large -scale tax reduction and budget.
E -mail “stop” one -part arrived in the mailbox Eric Grozhen at 8:32 Am Last Tuesday.
Group, former authorized From the US Bureau of Labor Statistics, he spent more than four years as a member of a little -known but highly respected Federal Advisory Board, which helped the US government produce accurate and reliable economic data. It was tes long when the Federal Advisory Committee on Economic Statistics (Feesac) was according to dismissed byAnother victim of President Trump’s attack on the federal government is the concept of state policy experience itself.
“I was so disappointed,” Groshen said Nation. “It is so important that these high-level advisory committees, because statistical agencies should be constantly improving, which means to receive expert advice and information from outside the government. The elimination of such an advisory committee suggests that the government is less transparent.”
Transparency – or lack of it – can be at least.
Trump administration and Republican lawmakers are preparing for manipulate federal budget and doctor US government government data is misleading the US public over the valid cost of $ 4 trillion taxes, a decline in the draconian budget necessary to pay for it, and the destructive impact of this policy on the US economy, which is already dangerous to impose towards the recession.
David Wilcax, a the senior employee At the Pierson Institute of International Economics, who served until last week as Fesac chairmanIn the interview, they said that the exhortation of the Advisory Committee-All Obbite Board of the Private Sector and Academic Sciences to the Society of Independent Non-Particular Trust, the purpose of which was to help the government increase statistical accuracy in response to new technologies and constantly change economic conditions.
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Last week, Fesac Purge was particularly disturbing as it happened a few days after the secretary of Howard Lutnik, Plutocrat on Wall -Rate and Bundler Trump, announced plans to change an important measure of US economic growth –Gross domestic productEither GDP – depriving all state expenses. GDP combines consumer purchases, business -investments, pure exports and so, government expenses, to measure the total cash and services produced in the US.
Are A lot of true critics GDP as a measure of economic health, including the fact that it does not take into account the unpaid work, the market of shadows, the inequality of income, or climate change, among other shortcomings, but still observed economists, governments, corporations, investors and households around the world.
By eliminating state expenses from official GDP assessment The Trump administration, issued by the Economic Analysis Bureau, may humiliate economic damage from the dismissal of hundreds of thousands of federal workers and billions from the federal budget. In other words, they could cover the public, believing that the economy is doing better than it really is, which may be needed if economic conditions will deteriorate.
“This administration wants to write your own story,” said Stephanie KeltonProfessor of Economics and State Policy at the University of Stani Brooke. “If tens of tens or hundreds of thousands of federal workers are going to pull macroeconomic indicators in ways that they lack, they are apparently just ready to rewrite the definitions so that they can fasten themselves to the fall.”
Wilcox, a former Fesac chairman who also acts as director From US economic research in Bloomberg Economics warned that any wrong presentation of federal Trump administration may undermine confidence in the US state statistics, “if it begins to normalize the idea that political figures can determine the presentation and manipulate the construction of economic data for guerrilla service.”
“There is a reason that we have instructed the economic dimension to people who live in agencies who are out of one step from the political process,” Wilcox said. “Transparency, integrity, independence of this data is on its own. If this national asset is damaged by questioning data independence, it is an action that is very difficult to cancel because trust can be destroyed instantly, but it takes a lot of time to recover.”
Government data manipulation is not the only way that Trump administration is preparing to deceive the public. The President and his allies GoP create a large -scale budget reception, designed to hide the fundamental contradiction at the heart of their financial plans: Trump/GOP budget numbers are not composed – and they know about it. Proposed Trump offered by Trump, tax reduction by 4 trillion. Required Reduction of the necessary services rely on their voters and risk furious home or blow A massive hole in the deficiency And expose the GOP fictitious piters about “fiscal discipline”.
The Republican reaction to this political situation is to simply invent new budget numbers. In 2017, Trump and his GOP allies claimed to pay taxes by $ 2 trillion, increasing economic growth and federal tax income. This did not happen. The record clearly shows that the 2017 tax reduction, which was distorted to the rich people and corporations, did not approach the fee for itself, In the hall to the non -party center for budgetary and political priorities.
That’s why Republicans prepare even more brazen gasite This time: claiming that a new Trump’s tax decline is not need pay for yourself because, well, This at all will not cost. Yes, you read correctly: 4 trillion tax reduction free. Using unavenable, only in the DC budget called ‘Basic line of current policy“Republicans now believe that because Trump proposed by 2025 tax reduction will be simply expand Its tax reduction for 2017 is not a “new” tax reduction, and therefore they cannot be considered a deficit.
Bobby Kogan, senior director For the federal budget policy at the Center for US Progress, the Republicans who claim that public debt is an existential crisis now actively misleading society about how much their own tax policy will cost. “They are asking for a special treatment that no other program in the budget receives,” said Kogan, who recently wrote in detail report About the latest budget fraud GOP. “They want to pretend that the trillions in the expense do not exist to help them politically.”
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Budget tricks, creative accounting and “magical thinking” is a tradition that are back in Washington, which have been returning for decades. Barack Obama came to office promise To ban some of the most famous federal budget cunning George W. accused– From some reasoning – using the tactics he once pointed out. Since then, the budget Shannigans have only worsened, said Kogan, a former employee of the Democrats of the Senate’s budget committee, and they have become even more extreme in Trump’s second term.
The main problem facing Trump and Republicans is that if their legislative holy Grail – $ 4 trillion in new tax decline mainly for rich people and corporations – this is taken into account, it will explode the US budget deficit. That is why Trump administration not only reduces public expenses, but also seeks ways to obscure the valid costs of its economic plans at a time when the US economy is not to mention this stock market“And already link Warnings about recession. US consumers already have sense Financial influence of Trump’s economic policy: from its catastrophic tariffs to devastating layoffs and budget reducing. Just a lot of investors and business owners who voted for the “New Golden Age” Trump – just now find hungry leopard looked at them in the face.
Like Chico Marx (don’t pumped) He said wonderfully, “Who do you believe, I or your eyes?”
The hard and chaotic second term Donald Trump is just beginning. In the first month, Trump’s office and his Like -Elon Musk (or this is the opposite?) Proved that nothing is safe from sacrifice at the altar without checking strength and wealth.
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Katrina Vanden Hievel
Editorial director and publisher, A Nation
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