Wish I'd Said That.
Economic forecasters are often wrong, But it’s less common for supposed experts to keep making the same wrong prediction year after year, never admitting or trying to explain their past errors. And the remarkable thing is that these always-wrong, never-in-doubt pundits continue to have large public and political influence.
But what about the economists who go along with the cult? They’re all conservatives, but aren’t they also professionals who put evidence above political convenience? Apparently not.
The persistence of the inflation cult is, therefore, an indicator of just how polarized our society has become, of how everything is political, even among those who are supposed to rise above such things. And that reality, unlike the supposed risk of runaway inflation, is something that should scare us,
This is what we see, and have seen, for MANY years, from the right-wingers who have screamed that Obama is gonna wreck the country, with runaway inflation, while they fail to acknowledge what Bush(R), ACTUALLY did. Nothing new here, but it gets SO old, to hear the same crap from the same people, who think they are SO smart, while consistently being SO wrong.
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