Magazine November 2, 2009, Issue

Naïve Statistics

President Barack Obama, flanked by members of his economics team, comments on his economic-recovery package on the South Lawn of the White House in Washington, D.C., March 18, 2009. (Jim Young/Reuters)
Or was the Obama team’s case for the stimulus cynical instead?

Just nine months into his presidency, Barack Obama’s call for Americans to cast aside their disillusionment and frustration with Washington politics rings increasingly hollow. Many have seen his administration use brass-knuckle Chicago politics, and embrace the cynicism that the candidate once criticized, to push a partisan agenda.

For economists, this cynicism may have been most evident in the way the White House strong-armed the so-called stimulus package through Congress, using dubious economic forecasting by staff economists. The candidate who promised public policy based on evidence and fiscal responsibility has built a deceptive statistical façade to support his agenda.

That the nation was …

To Read the Full Story
Samuel R. Staley — Mr. Staley is director of urban-growth and land-use policy at the Reason Foundation and teaches urban and regional economics at the University of Dayton.

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