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Wednesday, February 27, 2013

WSJ Readers Duped by ALEC Released Statistics



The first thing you need to realize is that the Wall Street Journal is owned by NewsCorp
The second thing you need to realize is that the NewsCorp is a member of the American Legislative Exchange Council.

Knowing that 
would you be surprised that the Wall Street Journal would be used as a propaganda tool for ALEC disinformation?
Unfortunately it appears to be so 
– it should be so embarrassing for the WSJ and disheartening for  their readers.

On January 29, the WSJ published an article that made the following definitive statement:
A new analysis by economist Art Laffer for the American Legislative Exchange Council finds that, from 2002 to 2012, 62% of the three million net new jobs in America were created in the nine states without an income tax, though these states account for only about 20% of the national population.

BUT – this statement is based on laffable Laffer manipulated statistics.
                         
There’s lies, damned lies and manipulated statistics.
Laffable statistics which mislead by omission – intentionally????
Only Arthur knows for sure.

Statistics that ..........if readers of the WSJ choose to believe and repeat them  
 - they are going to embarrass themselves.

BUT

The snake oil of misleading information from ALEC reports

   no longer stays in the public eye as “truth” anymore

Released today
A report that shows you why
A new analysis by economist Art Laffer for the American Legislative Exchange Council finds that, from 2002 to 2012, 62% of the three million net new jobs in America were created in the nine states without an income tax, though these states account for only about 20% of the national population.
is NOT the truth, the whole truth and nothing but the truth.


From press release of  the new report issued today the key point is
Laffer’s claim has nothing to do with the “nine states without an income tax,” and everything to do with one of those states: Texas.
TEXAS SKEWS THE STATISTICS that Laffer is reporting.
And Laffer didn't realize that????????????????

Read the whole report



Those poor gullible WSJ readers.  
Paying so much money for their subscriptions
Seeking the truth and being misled.
Laffer’s research is like a house of cards, depending on data selected and placed precisely to help reach the conclusion he wanted

There’s lies, damned lies and manipulated statistics.


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