From Washington Examiner <[email protected]>
Subject Don’t put your faith in macroeconomic statistics
Date September 2, 2025 10:03 PM
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SEPTEMBER 02, 2025

[Don’t put your faith in macroeconomic statistics]
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DON’T PUT YOUR FAITH IN MACROECONOMIC STATISTICS
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How did Nigeria’s economy grow 30%? It did on paper, and to
government agencies, that’s what counts. Nigeria recently
revised its method for calculating GDP, which revealed a presumably
uncaptured 30% increase in the size of its economy. A 30% increase in
GDP, based on a model that was updated only a decade ago, is
extraordinarily large. […]


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[FDA should follow Trump’s lead on medical ‘right to try’]
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FDA SHOULD FOLLOW TRUMP’S LEAD ON MEDICAL ‘RIGHT TO TRY’
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The Food and Drug Administration rehired controversial Dr. Vinay
Prasad as the head of the center that regulates vaccines and biotech
therapies. Leading up to his firing, he made many controversial
decisions, and the White House was fed up with his obstruction of the
use of newly developed medicines and therapies to be used by […]


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[Collective bargaining for federal employees still doesn’t work]
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COLLECTIVE BARGAINING FOR FEDERAL EMPLOYEES STILL DOESN’T WORK
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In late May, the Trump administration declared void a swath of
collective-bargaining agreements with federal unions. These agreements
affected employees in more than a dozen agencies, ranging from the
Department of Defense to the Transportation Security Administration.
The agreements had covered more than four-fifths of the federal
civilian workforce, effectively tying the administration’s hands
over […]


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