Make it a science god-damit!
This
CNNfn/MONEY story talks about how we might be the "next Japan." Some people are saying we're different. Some people are talking about a double-dip recession. Others are saying the market is undervalued. Blah, blah.
This is the sort of crap that makes me not want to be a utilitarian about economics, because no one knows what they're talking about! I mean, yeah, we could be the next Japan, the pereptual recession nation, or not. That's a 50/50 chance there. Or maybe not. Who the hell cares? I know economics can be pretty hard, and they have to take a fair amount of math (one of my roommates was an econ and math double major-so I know about late nights studying econometrics and stuff). But
please, please, do something to stop all the financial pundits from talking out of their ass when they don't know as much as a chimp.
At least elections pundits don't really matter that much. Rich Democrats vs. rich Republicans. Ooh!!! The contrast is making me teary-eyed.
But economics matters. Right? But should we all use divining rods or what?
Joel, help us. Help us....