An analysis looks at how defense spending among the nations with the highest expenditures has changed since 1992 and what may have driven the changes https://t.co/3ln08vOKAo pic.twitter.com/yqK6MqwQUm
— St. Louis Fed (@stlouisfed) January 22, 2023
The Federal Reserve Bank of St. Louis responded further down that they were just trying to make the data easier to view.
This is, of course, complete bullshit. This was deliberately deceptive.
I have attached a picture, showing everything on the same (i.e. not deceptive) scale.
The basic point here is that the ST. Louis Fed's graph was not an error, it was deliberately deceptive.
The US spends more on defense than the next 9 countries combined.
Now, it could, and IMHO should, be argued that the US is not getting the results that it should from this, Russia is not running out of artillery shells, and NATO is, for example, but that has nothing to do with the deceptive content of the graph and the post.
Seriously, if these guys ever took a statistics class in college, they must have gotten an "F".
0 comments :
Post a Comment