SocraticGadfly: Jon Markman again bullishly idiotic on economy

May 08, 2008

Jon Markman again bullishly idiotic on economy

Like David Leonhardt, he basically says, “there’s no real inflation,” and “we’re already rebounding from a non-recession.”

And, he actually thinks tax rebates (not yours, but things like accelerated depreciation for big corporations), will actually start the bounce-back any day now.

Here’s all of his latest stupidity. Here’s a good starter, as it’s his starter for the column:
An unprecedented flood of monetary and fiscal stimuli, and renewed global demand for our agricultural and industrial exports, appear to have yanked the U.S. economy out of a nose dive and landed it for a slow roll on the tarmac with just a few bumps and bruises.

Yeah, right. Try reading your fellow MSN columnist, Jim Jubak.

No comments: