Thursday, April 26, 2012

OK, make that 101 false prophecies . . .

- by New Deal democrat

 The Pied Piper of Doom, March 7, 2012 (after Barry Ritholtz published Bonddad's "Message to political bloggers: please stop writing about economics, you really suck at it"):
I don't think you'll be seeing much more of that "other" blogger's economic spin on behalf of the status quo over at Ritholtz' blog, going forward. (A little birdie told me that. And, I think it's an accurate statement. We shall see...)
Barry Ritholtz' The Big Picture blog, April 25, 2012:
People Are Finally Figuring Out: Austerity Is Stupid by Hale Stewart.

Honestly, he's such an easy target ... but so  much fun ....

6 comments:

Anonymous said...

bonddad and your voice are sorely missed at Daily Kos. Without you guys, the bobswern has become the economics "expert" at DK, which is painful to witness.

Are you or bonddad planning on writing a piece on what is going on with the jobless #s in the US? We are week 3 of disappointing news and March's #s weren't great either. How concerned do we need to be?

New Deal democrat said...

Anon at 9:43:

I did a piece on jobless #s a week ago. Here's the link:
http://bonddad.blogspot.com/2012/04/is-oil-choke-collar-creating-new.html

So I wasn't surprised by today.

If we get a raw number in excess of 400,000, I'll start being more concerned.

Additionally, I do believe this quarter is going to be quite weak, but then growth will pick up again.

Hope that helps. - NDD

Anonymous said...

Thanks - that does help. It keeps my worrying in check.

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New Deal democrat said...

Commenters at 8:33 and 9:42: Not gonna happen. If you don't like reading these posts, don't read them.