Skip to comments.Surprise! Economic Numbers Are 'Worse Than Expected'
Posted on 08/16/2010 3:30:59 AM PDT by Puzzleman
The current government employment report is just the most recent example of bad news for the economy expressed in depressing unemployment figures that the wizards in the Washington constantly find either "surprising" or "unexpected."
-- snip --
They're all surprised by how their theories fail in the real world because few of them have ever worked in the private economy, and they have no clue how government intrusion in the marketplace burdens the entrepreneur...
(Excerpt) Read more at americanthinker.com ...
It is like the movie where they are all waiting for the government ‘crop report’.
“Trading Places” (w/ Eddie Murphy and Dan Aykroyd) - one of my all-time favorites!
“Turn those machines back on!!!”
I hate that word. By whose expectations are the results “unexpected” anyway?
I have a company that has survived for 25 years, profitably. However, for the last two I have been upside down, have laid off half my staff and have not taken a salary since January 1st.
The only saving grace is that I get to post another carry-back on my previous taxes.
“There’s that word again...I do not tink it means what ju tink it means...”
Yep that is it. Reality TV at its best. They all huddle around and wait for the ‘reports’.
It seems as though the prices of the stocks are based on ‘reports’ done by the government. If so the stocks are way overvalued. Why would the government make up reports that make them look bad?
What is sad is that she would be even offered a job at Berkeley. Fail miserably and muck up the largest economy in the world, but Berkeley opens it’s arms because she is one of the intelligentsia. It’s the thought that counts and the horrible people didn’t respond correctly to her stimulus.
I doubt that she will actually teach at Berkeley, it would be tough answering questions from students.
And the effect has been no different: misleading information in order to manipulate the economy for personal gains.
Dontcha know the condition of the economy is because of the mess the previous administration left?
Dontcha know that the Democrat party is made up of brilliant, really really smart, intelligent, intellectual, superior humans who know what’s best for all the livestock in flyover country?
Hmmmm? Dontcha know?
He who has the report ahead of time wins. Gee, I doubt if any ‘special’ friends get the report first.
That and money loaned at essentially 0% interest and the go-ahead to use borrowed money to back HFT programs and currency swaps on the FOREX. Yeah, hard not to win when you are allowed to gamble illegally with other people’s money.
What’s a carry-back on my previous taxes?
The four flushers are going to go down.
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