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Tuesday, October 1, 2013

No one ever said, "Wingnuts are ethical."

Federal Reserve Bank of Philadelphia warns Gov. Scott Walker on giving misleading data on WI economy

scott walker no jobs
For some inexplicable reason, WI Gov. Scott Walker is an early favorite for re-election (but not a lock). At this point Wisconsin gets what it deserves if they fail to get out the vote and defeat their should-have-been-recalled voter suppressing, privatizing, union busting governor.

And now that should-have-been-recalled, voter suppressing, privatizing, union busting governor is in hot water... again.

The Cap Times has the latest:
Top officials with the Federal Reserve Bank of Philadelphia are warning Wisconsin Gov. Scott Walker, Wisconsin Manufacturers & Commerce and others that they are misusing a monthly index produced by its top economists.

Walker in recent speeches has been touting figures from the “Philly Fed,” claiming they show Wisconsin’s economy as No. 2 in the nation. WMC has been using the same number in a series of advertising buys, thanking Walker for putting the state on the road to prosperity.

But officials with the Philly Fed, who have been following the situation in Wisconsin, issued a statement Friday saying it’s a misreading of their "Coincident Indexes" to try and compare one state to another.

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