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Census Bureau: GOP Budget Guts Economic Data

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Derechos Donating Member (892 posts) Send PM | Profile | Ignore Sat Jul-16-11 03:59 PM
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Census Bureau: GOP Budget Guts Economic Data
WASHINGTON -- The House Republican budget plan will do "irrecoverable" damage to the nation's economic data, the Census Bureau warned in a harsh internal assessment obtained by The Huffington Post.

Economists and statistics experts had already sounded the alarm over a 25 percent cut to the Census budget after an Appropriations subcommittee proposed it, warning it would endanger the nation's economic census -- the benchmark for nearly all the country's financial measurements.

But the full committee went ahead approved the $294 million reduction this week as part of a Commerce, Justice and Science budget bill that cuts other agencies far less dramatically.

"These cancellations would be irrecoverable and would force the complete abandonment of the economic census for the 2012 cycle," the Bureau warned in an uncharacteristically strong statement leaked to The Huffington Post.

"We would hinder our nation’s ability to measure its economic growth and well-being," the bureau said. "These statistics are critical to the competitiveness of U.S. businesses and industries."

http://www.huffingtonpost.com/2011/07/15/census-economy-data-cut-republican-budget_n_899699.html

These people don't understand that we must pay for our civilization.
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LiberalFighter Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-16-11 04:39 PM
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1. They care so much about the businesses
yet they are willing to destroy them.
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