AMA - Inaccurate Government Numbers

Today is another AMA episode (Ask Me Anything). Our question comes from Greg who writes:

After listening to your recent segment on oil production data, it does not seem any data from the US government is accurate. We’ve known for a long time the jobs data is flawed. It would seem there are much better ways of collecting data. Is this simple incompetence or are there anterior motives for publishing bad data; additionally, is the data from other developed nations this bad?

Thank you for your insight. Love the show.

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