Showing posts with label NBER. Show all posts
Showing posts with label NBER. Show all posts
Monday, December 01, 2008
An official recession was declared today by the bozos of the National Bureau of Economic Research. They are a year after the fact. Why employ over educated no nothing economists who live in a bubble to look at data all day and make worthless forecasts? Just ask the cab drivers, truck drivers, Fedex and UPS drivers, retail clerks, hotel maids, etc..... What a novel concept-- ask real people about real issues. They would have told you we were in a recession in 2007 when it mattered and when you could have done something about it.
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