Saturday, December 5, 2009

These Are Good Unemployment Numbers!

Christina Romer, who chairs the Council of Economic Advisers, has a vested interest in painting a rosy picture. Here is the desperation in her voice as she commands the empiricists to 'earn their keep": "Look around and twist and turn the numbers. There's got to be something we can use to keep the spirits of the American people up!"

The economic advisors are the ego-driven interventionists who whisper in the ears of the ego-driven interventionists (politicians) and who resort to ego-driven interpretation of the data to come up with the next line of propaganda to feed the victims of the economic terrorism of the unConstitutional coup.

Such is life in the Dark Ages of Economics.

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