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Surprise! Economic Numbers Are 'Worse Than Expected'
American Thinker ^ | August 16, 2010 | Claude Sandroff

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 ...


TOPICS: Business/Economy; Editorial; Government
KEYWORDS: obama; romer; unemployment; unexpected
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This article really tells it like it is.
1 posted on 08/16/2010 3:31:02 AM PDT by Puzzleman
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To: Puzzleman

It is like the movie where they are all waiting for the government ‘crop report’.


2 posted on 08/16/2010 3:34:14 AM PDT by screaminsunshine (m)
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To: screaminsunshine

“Trading Places” (w/ Eddie Murphy and Dan Aykroyd) - one of my all-time favorites!


3 posted on 08/16/2010 3:36:46 AM PDT by nuvista (Obama-care - you think that arrogant Marxist "cares" about you?)
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To: screaminsunshine

4 posted on 08/16/2010 3:38:46 AM PDT by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: nuvista

“Turn those machines back on!!!”


5 posted on 08/16/2010 3:41:45 AM PDT by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: Puzzleman

“unexpected”

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.


6 posted on 08/16/2010 3:43:49 AM PDT by norge (The amiable dunce is back, wearing a skirt and high heels.)
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To: Puzzleman
"Unexpected"

7 posted on 08/16/2010 3:53:23 AM PDT by SkyPilot
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To: nuvista

It...was...the...Dukes!!! It...was...the...Dukes!!!


8 posted on 08/16/2010 3:54:08 AM PDT by stevie_d_64 (I'm jus' sayin')
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To: SkyPilot

“Inconcievable!!!”

“There’s that word again...I do not tink it means what ju tink it means...”


9 posted on 08/16/2010 3:55:48 AM PDT by stevie_d_64 (I'm jus' sayin')
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To: stevie_d_64

10 posted on 08/16/2010 4:03:02 AM PDT by newfreep (Palin/DeMint 2012 - Bolton: Secy of State)
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To: abb

Yep that is it. Reality TV at its best. They all huddle around and wait for the ‘reports’.


11 posted on 08/16/2010 4:06:38 AM PDT by screaminsunshine (m)
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To: nuvista

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?


12 posted on 08/16/2010 4:09:30 AM PDT by screaminsunshine (m)
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To: Puzzleman

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.


13 posted on 08/16/2010 4:16:32 AM PDT by listenhillary (When will our government stop abusing us and stop hurting our children?)
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To: screaminsunshine

And the effect has been no different: misleading information in order to manipulate the economy for personal gains.


14 posted on 08/16/2010 4:17:32 AM PDT by Ghost of Philip Marlowe (Prepare for survival.)
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To: Puzzleman

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?

/sarcasm/

IMHO


15 posted on 08/16/2010 4:20:20 AM PDT by ripley
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To: Ghost of Philip Marlowe

He who has the report ahead of time wins. Gee, I doubt if any ‘special’ friends get the report first.


16 posted on 08/16/2010 4:26:43 AM PDT by screaminsunshine (m)
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To: Puzzleman
Interesting article. Each evening the network national news shows do their utmost to put a positive spin on the depressing economic reports. Obama is not held accountable. Contrast these same network news organizations if Bush, or any republican, were president. Each evening there would be a 10 minute lead off segment of economic doom & gloom news. Not so with their boy Obama, it's all hopey-changey ‘the sun will come out tomorrow’ stuff.
17 posted on 08/16/2010 4:30:16 AM PDT by BluH2o
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To: screaminsunshine

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.


18 posted on 08/16/2010 4:31:25 AM PDT by Ghost of Philip Marlowe (Prepare for survival.)
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To: norge

What’s a carry-back on my previous taxes?


19 posted on 08/16/2010 4:32:07 AM PDT by Vendome (Don't take life so seriously... You'll never live through it.)
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To: Ghost of Philip Marlowe

The four flushers are going to go down.


20 posted on 08/16/2010 4:33:06 AM PDT by screaminsunshine (m)
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