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Perhaps the most damaging part of this bill is the fact that it cuts Census funds. More importantly, the cuts would come at the expense of the Economic Census, which is crucial for economists, other social scientists, and businessmen. Economists use these reliable figures for policy analysis as well as gaining a better understanding of strategic competition among firms and hiring patterns. Business people use it to discern geographic opportunities for expansion. Entrepreneurs use it to gauge market potential. Moreover, it is used in some calculations of GDP, which is crucial. I get that the budget is tight, the deficit is HUGE. However, in this case, the benefit of the Economic Census is well worth the cost of maintaining it.
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