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house Bill H.R. 3116

Does the Dept. of Commerce Need to Continue Publishing Quarterly Financial Reports?

Argument in favor

Quarterly reports about various industries and economic indicators are very useful for business owners and investors to gauge the health of the economy. This program is essential and should continue.

James's Opinion
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09/23/2015
The mere thought of the private sector doing economic activity reports makes me shudder. They'd likely be as accurate as China's. Only a disinterested party, as in the D.O.C. can be trusted to accurately report on growth.
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Veronica's Opinion
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09/24/2015
Why make businesses pay for (and give all Their information) to a private company whom could manipulate the results or give "premium" buyers better numbers.
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Luke's Opinion
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09/23/2015
Because our current private sector is corrupt.
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Argument opposed

If the federal government stops producing quarterly financial reports, there will probably be a private sector company that capitalizes on the opportunity and produces similar reports.

SherryTX's Opinion
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09/23/2015
$5 million for a report? Forget it! There are several private sector reports people can refer to for financial info. Stop spending money like drunken sailors and pay down our debt!
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GrumpyMSgt's Opinion
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09/23/2015
No! They "cook the books" for political reasons just like employment figures.
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Gary's Opinion
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09/23/2015
The reports are inaccurate anyway, why bother?
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