Barry Ritholtz, Columnist

Americans Are Not Abandoning the U.S.

Misuse of math makes it look like huge numbers of people are renouncing U.S. citizenship. That's not the case.

June 15, 2016 at 11:28 AM EDT

Barry Ritholtz is a former Bloomberg Opinion columnist. He is chairman and chief investment officer of Ritholtz Wealth Management, and was previously chief market strategist at Maxim Group. He is the author of “Bailout Nation.”

We've spotted the surge.
Photographer: Ulrich Baumgarten/getty images

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Americans are renouncing their citizenship in record numbers!

Or so we’ve been told. Lots of partisan reasons have been cited for this, including the silly implication that some Americans are trying to flee from a black, Muslim, Kenyan-born U.S. president. But the truth is these sensationalistic headlines reflect the sort of misleading math and misuse of statistics that I constantly rail against.

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