There has to be a term for this.
Where the media and politicians point towards the change in the rate of economic growth or the "change in the rate of how the economy feels" as some kind of success when in reality they're just stretching like Elasto-Man to avoid telling the truth;
The economy is still shrinking.
The moment I saw Krugman's face on that link, I knew what a total waste of time it would be to actually read any part of that article.
ReplyDeleteThe economy is growing worse slower then last week/month/year? Like somehow the economy has inertia and momentum?
No matter how much you polish that turd, you will not make it shine.
You want us to read something, blank out Krugman's face. I see him, I immediately lose interest.
ReplyDeleteIan