Skip to comments.Expect the ‘Unexpectedly’
Posted on 08/26/2011 10:05:55 PM PDT by GATOR NAVY
It is the most common adverb of the Obama years: unexpectedly.
● Sales of U.S. previously owned homes unexpectedly dropped in July, reported Bloomberg.
● Manufacturing in the Philadelphia region unexpectedly contracted in August by the most in more than two years as orders plunged and factories shed workers,reported Bloomberg Businessweek.
● Consumer spending unexpectedly fell in June, reported Reuters.
● Dismal economic data on Thursday pointed to an unexpectedly abrupt slowdown in manufacturing and a pickup in inflation, reported the New York Times business page.
This is just in the past week; hundreds of articles each month note that some new bit of economic data is contrary to the expectations of experts. But the term is starting to become an object of ridicule within the conservative blogosphere as the country endures its third year of hard economic times under President Obama.
Three years after a financial crisis, unemployment has hit painful highs, GDP growth has been sluggish at best, and some predict a double dip recession. During this period, the Obama administration and its allies have repeatedly made bold promises about imminent prosperity from an infamous chart that projected that the stimulus would keep unemployment rate below 8 percent, to the administrations Recovery Summer tour of 2010, to Nancy Pelosis prediction that passing Obamacare would create 400,000 jobs almost immediately, to the presidents prediction that we would enjoy 3.1 percent growth this year and 4.1 percent growth in 2012 and beyond.
For about three years now, conservative bloggers have chuckled at how frequently the unveiling of bad economic news comes with the adverb unexpectedly in media reports. As Instapundits Glenn Reynolds, Michael Barone, and others have often asked, unexpected to whom?
(Excerpt) Read more at nationalreview.com ...
Headline November 2012: Obama Unexpectedly Defeated in Historic Landslide.
Yep! Here it is, and it was in the last place I looked!
Hey Staff, I unexpectedly found what Trump has been bugging me about!
(I bet you weren’t expecting it)...
LOL, very fitting! Thanks for the Ping :)
This bunch is unbelievable!
Jim, you need to hang out in the conservative "blogosphere" more. This has been a term of derision predating Obama. The ridicule ramped up sharply as soon as Obama was immaculated. It is hardly just "starting."
However, it’s already obvious that privately, the MSM is starting to bail on Obama, if you read between the lines. The criticism of the Obama Administration’s inability to create more jobs is especially telling.
If the results are so unexpected, perhaps they are looking at the wrong economic theory?