They Keep Using That Word
May 26th, 2011 - 9:38 am
Sometimes there’s joy in being wrong. For example, last quarter’s weak 1.8% GDP was not unexpectedly revised downward as I feared it would be. Instead, it stayed the same.
But jobless claims are up — unexpectedly.
Durable goods orders are down — unexpectedly.
Food prices are up — unexpectedly.
And a weak dollar is pushing oil up yet again — unexpectedly.
Sigh.
Gee, all of these are not anticipated.
I think you just expect too much!
Hello, my name is American Prosperity, you killed my father (the Economy), prepare to die!