Thursday, May 29, 2014

Sometimes it's just too easy . . .


 - by New Deal democrat

I'd say that catching out the Pied Piper of Doom in inconsistency and hypocrisy is like shooting fish in a barrel.  But at least sometimes, that would be unfair to the fish.

The Pied Piper of Doom, March 10, 2014, reacting to the first revised GDP estimate for the 4th quarter of 2013, at +2.4%:
touting Gross Domestic Product numbers are meaningless, and little more than a talking point for the one percent (it is a Wall Street meme, given greater truths) to obfuscate what's really happening in our economy.
The Pied Piper of Doom, May 28, 2014, reacting to the first revised GDP estimate for the 1st quarter of 2014, at -1.0%:
The fact that the economy shrunk 1% in Q1 is a rather MAJOR piece of economic data.
Yeah, I know, we've all read the weeping and gnashing of teeth and rending of garments today about the GDP report. ... Oh, wait, no we haven't.