Yellen: Recovery surprisingly slow ( Duh?)
Associated Press
WASHINGTON — Federal Reserve Chair Janet Yellen said Friday that the
slow recovery from the recession has surprised economists, confounding
long-held beliefs about growth and inflation...
The aftermath of the 2007-09 crisis has “revealed limits in economists’ understanding of the economy,” the Fed chair suggested.
Hereafter, witch doctors who use the size of goat brains, the look of calf livers, the stench of cat excrement , the brightness of moon phases and the heat of sun spots to forecast the working of our world famous market system will be relied on in the hopes of achieving more accuracy of just what market forces under minority control seeking nothing more or less than private profit can come up with for the successful future of, um, witch doctors and, um, economists.
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