Administration Shutting Down Economic Indicators Site

from the trending-downward... dept

While there was some decent news suggesting the economy might not be falling into a recession, there are still plenty of knowledgeable folks who think some sort of recession is likely. Last week, in New York, plenty of folks I spoke to seemed to believe we were already in one. Of course, to actually call a recession, the general consensus is that there would need to be two consecutive quarters of negative economic growth. So how would you measure that growth? Well, apparently the White House would prefer to make it as difficult as possible. Reader Jon writes in to note the rather inconvenient timing of the Administration suddenly deciding to shut down its own website that aggregated economic indicators. The site, EconomicIndicators.gov had even won awards from Forbes as a great resource. The timing of the closure certainly raises some questions. It's not that difficult to manage a website (though, I recognize, in the government, all costs are multiplied by some insanity multiplier). If it's really so expensive to manage, why not throw it open and make it into a wiki? Hell, perhaps Jimbo Wales or somebody can build a WikinomicIndicators site instead.

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  1. identicon
    Cynic, 14 Feb 2008 @ 6:00pm

    Loosely quoting from the movie "Blazing Saddles": Hrumph, Hrumph, we have to protect our phoney baloney jobs!!!

    Hey, I didn't get a hrumph from that guy!"

    Since the US government never created any wealth in this country, then all they can do is brag about what other people are creating, and when that stops, they have nothing to say.

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