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To: Cincinatus' Wife

I believe “micro-simulation model” is a technical term meaning “manipulating numbers in the service of liberal politicians”.

It is capable of showing lower unemployment, despite fewer jobs and more job seekers.

It can reliably predict the weather in Boston on July 23, 2116, though it is worthless for telling you if it will rain this afternoon.

It demonstrates that a higher minimum wage and more generous unemployment benefits produce lower unemployment.

It proves that 2 + 2 = 5, or seven or the square root of -1, or any other result Comrade Obama requires.

It has a unique property: one inputs the results and it returns the results wrapped in scientism and statistical significance and authority wrapped in a neatly packaged sciency linear regression bow.

It can infallibly predict the delusions and dreams of bureaucrats and liberal politicians, unerringly foresee our common ineluctable future, but it can never explain the ever changing past.

If you are the only person who can produce a given result, regardless of your degrees or position, you are probably deluded or a charlatan.


30 posted on 11/14/2014 4:44:15 AM PST by Lonesome in Massachussets (This is known as "bad luck". - Robert A. Heinlein)
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To: Lonesome in Massachussets

Exacty.

You can come up with what ever result you want.

Garbage in. Garbage out.

And get paid millions for it.


35 posted on 11/14/2014 4:49:35 AM PST by Cincinatus' Wife
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To: Lonesome in Massachussets; Cincinatus' Wife

Common core math?


56 posted on 11/14/2014 5:33:18 AM PST by Whenifhow
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To: Lonesome in Massachussets
I liked your post so much that I read it twice.

It has a unique property: one inputs the results and it returns the results wrapped in scientism and statistical significance and authority wrapped in a neatly packaged sciency linear regression bow.

I admit to reading this particular sentence three times since it's definitely the pick of the litter.

58 posted on 11/14/2014 5:38:07 AM PST by Madame Dufarge
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