Oops $32 billion mistake

Discussion in 'Economy' started by chanel, Nov 6, 2010.

  1. chanel
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    chanel Silver Member

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    `Invalid' Forms by Supposed Billionaires Skew U.S. Wage Figures - Bloomberg

    And the IRS will be monitoring health insurance premiums now? :eek:
     
  2. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    Maybe it's time for an upgrade...from bean counting to actual state of the art computers..

    No?
     
  3. Trajan
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    Trajan conscientia mille testes

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    :lol:hire bloomberg to do it....for god sakes.
     
  4. Wry Catcher
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    Wry Catcher Platinum Member

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    Yes, and the devil is in the details:

    "A comparison of the Oct. 15 data and the corrected figures show the change affected wage statistics more broadly. The Oct. 15 index indicated that the average wage nationwide fell $384 to $39,269 in 2009. The corrected index shows averages wages fell $598 to $39,055."

    Who would be motivated to want to change data showing wages fell LESS than actual? Before the echo chamber bloviates on this issue I'd like the investigation to follow the evidence and determine who provided false information. I'd hate to see the right be exposed as hysterics again, wouldn't you?
     
  5. chanel
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    chanel Silver Member

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    Wry - neither the SSA nor the IRS is taking responsibility. They are blaming it on the two filers who for some strange reason submitted erroneous W2's which made them multi-billionaires.

    I don't think this was political, ideological, conspiratorial or whatever. Just an honest mistake. An honest $32 billion one.

    I wonder how many decisions have been made using that data. And internet shitting contests. :lol:
     
  6. boedicca
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    boedicca Uppity Water Nymph Supporting Member

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    Are there names by any chance Doodad Pro and Mickey Mouse?
     

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