John Williams–Question Government Statistics

Kerry Lutz, Financial Survival Network, Released on 8/30/16

John Williams is an economist who’s been following government statistics for 30 years. A lot has changed during this time. Like everything else in the country, unemployment and economic statistics have been politicized. On the surface 5 percent unemployment looks great. By the government’s own statistics U6-it’s actually 10%. When you look at John’s adjusted statistics it’s hovering around 23%! Who do you trust?

Walter J. “John” Williams has been a private consulting economist and a specialist in government economic reporting for more than 30 years. His economic consultancy is called Shadow Government Statistics (shadowstats.com). His early work in economic reporting led to front-page stories in The New York Times and Investor’s Business Daily. He received a bachelor’s degree in economics, cum laude, from Dartmouth College in 1971, and was awarded a master’s degree in business administration from Dartmouth’s Amos Tuck School of Business Administration in 1972, where he was named an Edward Tuck Scholar.

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