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1 posted on 11/29/2009 4:00:16 AM PST by Scanian
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To: Scanian
In February 2008, Michelle Obama stated, We left corporate America, which is a lot of what we're asking young people to do. Don't go into corporate America. You know, become teachers. Work for the community. Be social workers. Be a nurse. Those are the careers that we need, and we're encouraging our young people to do that.

In Michelle's Marxist world, engineers must be racists.

2 posted on 11/29/2009 4:21:33 AM PST by SkyPilot
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To: Toddsterpatriot; Mase; expat_panama

Is it me, or is this column out-of-joint? The author begins with the sweeping generalization that economists revisit their work when their hypotheses fail (what is it that scientists do, exactly?), and then proceeds to discuss behavior easily predicted by economic theory.


5 posted on 11/29/2009 5:27:41 AM PST by 1rudeboy
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To: Scanian
Unlike an Indian medicine man, an influential economist might not only be unable to bring rain, but he may also cause drought.

Excellent line! Many people think that we have stopped the bleeding and have a modest (albeit jobless) recovery. I fear the truth is that all that $$ has just bought us a temporary reprieve while digging us a bigger hole to crawl out of. We have printed massive amounts of money (inflation) to fight the pull of deflation. Its still an open question as to which will ultimately win out.

7 posted on 11/29/2009 5:51:07 AM PST by rbg81 (DRAIN THE SWAMP!!)
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To: Scanian

The problem with economics is the political class funds, and it’s vocal organs promote, economists who give the answers they want rather than the truth.


8 posted on 11/29/2009 6:54:32 AM PST by Nateman (If liberals aren't screaming you're doing it wrong.)
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To: Scanian

The comments on economics are particularly ignorant. No scientist claims to understand everything about everything. They claim to espouse theories that will be set aside if truly falsified. But isolating the variables under scrutiny is much easier in some sciences than in others. Weather forecasting, research on drug side effects and macro-economic theories are all similar in that failure to predict accurately can be attributed to a wide range of variables that cannot be fully controlled. This does not mean that meteorology, pharmacology or economics are relegated to the level of witchcraft.


9 posted on 11/29/2009 10:56:09 AM PST by Rippin
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