A Skeptical Public

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I view the government like most other entities: it acts in its own best interests. To that end, I belive government will “spin” any data in the most favorable way possible.

The honest-to-God unemployment rate is probably 16%, but the ha-ha, USA Today-digestable rate that the government cites is 7.6%. I was on MarketWatch on Friday when I noticed they were running a little poll about today’s “good” report. I guess I’m not the only one with some skepticism (I’m particularly surprised since this poll is on MarketWatch, which is not typically a tinfoil hat zone):