ST Alpha - "I think we need new economists because they haven't been right about a damn thing in like two years. Every month last year they said the -- (edited)" (Reading a Post)

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I think we need new economists because they haven't been right about a damn thing in like two years. Every month last year they said the -- (edited)

Posted by Krusty (aka Krustylu) Jan 5 '24, 05:41

economy would be worse and the jobs would be less and every month they're wrong. They said it again about today's report and yet again they were wrong. WTF are they looking at that they can't get it right.

It really seems like they're rooting for things to take a turn for the worse. Fuck them all.

Responses:

*turns chart upside down* Oh. -- nm - Mop🧹 Jan 5, 07:26
They deal in likelihoods…so typically, inflation and interest rate hikes lead to recession. The last 10 years have broken patterns - Will Hunting Jan 5, 07:22
the ones on TV and in the news get paid to guess, not to be right. -- nm - tRuMaN Jan 5, 06:45 3
- called doing the Jim Cramer -- nm - Beaker 🍺 Jan 5, 07:11
- They all seem to guess wrong month after month. One day a news site is going to get a good economist that does the work and gets things close to right - Krusty Jan 5, 06:47 1
  - economist chat bots gotta eat too. -- nm - tRuMaN Jan 5, 06:57
Could it also be at least partly sort of a quantum effect like predicting something changes the outcome? -- nm - Dano Jan 5, 06:41 2
- I, for one, am confident that I will never again lay down with a beautiful woman! -- nm - Mop🧹 Jan 5, 07:25
- Man do I wish that was possible. -- nm - Krusty Jan 5, 06:45
*cackles madly* -- nm - NYT Pitchbot Jan 5, 06:11
The problem is that they all have two hands. -- nm - Three Quark Baron Jan 5, 06:02

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I think we need new economists because they haven't been right about a damn thing in like two years. Every month last year they said the -- (edited)

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