ABC Index ... Index Economists
Economists are Liars
If you put on rose-tinted glasses and say the world is pink, you are a liar.
Economists have always had a bad reputation--see Necronomics, the dismal science. Economists have always been intellectual streetwalkers with the truth being shaped and sold to the highest bidder. With the rise of Wealthfare and Bushitters , economic truths have been expanded and stretched for political expediency. Economic systems have always looked like swiss cheese only now one must wonder whether the glass is 90% empty or 10% full.
Below are a listing of economic reports in the media which struck this writer has inherently illogical, baldface lies.
NASDAQ and Internet Bubble: The idea that peoples' wealth can increase numerous-fold without solving more problems is as ludicrous as the idea that you can cut taxes without first cutting problems. In existential fact, both lies were variations of the same basic lie, getting something for nothing .
Housing Sales Bubble (2002)
Thanks, economists for the necronomics--the laws of the dead and dying.
Economists: Index ... ABC Index
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