Economics 101

woodchip · Post by **woodchip** » Sat Jul 18, 2009 8:02 am

Welp, I have found Larry Summer's (chief economic adviser to His Lordship)magic crystal ball. No wonder the unemployment went beyond the 8% after the \"We Have TO Pass Now\" stimuli plan went into effect. And we now know why Joe \"Loose Lips\" Biden said they got it wronf was bad intel. This ones for you Joe:

\"Of all the statistics pouring into the White House every day, top economic adviser Larry Summers highlighted one Friday to make his case that the economic free-fall has ended.

The number of people searching for the term “economic depression” on Google is down to normal levels, Summers said.\"

http://www.politico.com/news/stories/0709/25083.html

So there you have it. Google, the new economic prognosticator...don't leave home without it.

Will Robinson · Post by **Will Robinson** » Sat Jul 18, 2009 8:09 am

I wonder if he crosses that statistic against others and considers the relevance....like the increase in searches for 'impeachment' or 'one term presidents' or 'revolution'?

Tunnelcat · Post by **Tunnelcat** » Sat Jul 18, 2009 3:51 pm

Summer's a moron. Still trying his stodgy old ways on a new world reality.

Duper · Post by **Duper** » Sun Jul 19, 2009 2:15 am

wow, another administration \"Victim\" of bad intel ... yeah. saw THAT coming. This time the country we took out was our own.

*sigh*

Tunnelcat · Post by **Tunnelcat** » Sun Jul 19, 2009 4:11 pm

I knew we were screwed when Obama picked him. Obama's picking old Clinton people for his cabinet and he's going to fail with their old policies and ideas. However, If we'd got McCain as pres. we'd have good ole' Phil Gramm in the economic drivers seat, one of the past architects of our current economic mess. That'd work out real nice for the select Wall Streeters too. So it worked out that if either Presidential candidate got in office, it'd be a win-win situation with the insider advisers that both candidates surrounded themselves with!