Economists gone awry??? Pom pom Feds???
Well now... seems the thing to do would be start a 'public' movement! If I were DEAD WRONG (or had a multitude of 'surprises') in my job, I'd be hittin' the pavement before I knew what was coming at me!
But these guys??? Ohhhhh... they keep their jobs.. they rationalize their errors (hey! I just HAD to rob that bank cuz my granny was sick & needed money. NO way do you jail me!) And guess what??? No way do we fire them! In fact, we can't WAIT to read how wrong they are the 'next time' they forecast & broadcast their {sic} wisdom.
So what d'ya say we petition... via internet... via "WSJ.com", "Bloomberg.com" and any other (Drudge will do) site that has the 'thinking public pulse'. Include this site too! We do a 'three strikes your out' on any forecast, on any mis-information. Regardless of what they have to say, if they're wrong.. or surprised... 3 times, then they are blocked from respective publications (or any link to other publications which quote them) for one year... and especially barred from "2nd half" predictions! If they can't get it right, don't voice it. And.. we could go one step further... we could eliminate the entire dud-economist market by publishing their professors' names! How 'bout that? We could stop the politics on the graduate level.. professors wouldn't pass the sub-standard student for any political/influencial reason whatsoever!
Imagine... just imagine... and all it would take is a concerted effort to petition... We'd end up with ONLY the best guys at the microphone! And that, dear hearts, would be the 'SURPRISE' of the century!
