Federal Reserve Bank of Philadelphia warns Gov. Scott Walker on giving misleading data on WI economy
Saturday, September 28, 2013, 8:00 pm
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.