Posted on 08/20/2010 5:21:14 AM PDT by shove_it
Glenn Reynolds has humorously documented the seemingly-endless parade of bad economic news, which time after time is described in the press as "unexpected." Apparently it is always a surprise when left-wing economic policies don't work. It happened again today, with the announcement that new unemployment claims rose to a nine-month high of 500,000. This is one of hundreds of news stories that called the bad news "unexpected."
[...]
While our economy is enormously complicated, it seems reasonably clear that the current slump has turned into the "worst downturn since the Great Depression" precisely because of the ill-advised policies of the Obama administration. Those policies contradict the lessons of history, and there is no reason why their failure should be unexpected.
(Excerpt) Read more at powerlineblog.com ...
The media commentators believe brain-dead establishment economists and the failure of their wacko predictions makes each event “unexpected”.
What would be “unexpected” is if the media quoted sources that weren’t administration or congressional flacks or told the truth about anything.
I think for some in this administration the bad news is not only anticipaterd, but intended. For others, it’s just a naive and foolish belief in the repeatedly failed Keynesian economic model.
Good article but the LIE House has alternated between....inherited.....Bushs fault....unexpected....could have been worse......now its the Repubs fault.... =.=
Dumb and evil are a dangerous combination, like a 2 year old with a loaded handgun.
Unexpected and its variations have been so overused in the past year that everyone expects them to use it every time that bad news about the economy comes out.
I heard Marie Bartoromo talking yesterday about the “UNEXPECTED” rise in unemployment.
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