Geee Posted May 29, 2011 Share Posted May 29, 2011 Washington Examiner:Unexpectedly!As megablogger Glenn Reynolds, aka Instapundit, has noted with amusement, the word "unexpectedly" or variants thereon keep cropping up in mainstream media stories about the economy."New U.S. claims for unemployment benefits unexpectedly climbed," reported CNBC.com May 25."Personal consumption fell," Business Insider reported the same day, "when it was expected to rise.""Durable goods declined 3.6 percent last month," Reuters reported May 25, "worse than economists' expectations.""Previously owned home sales unexpectedly fall," headlined Bloomberg News May 19."U.S. home construction fell unexpectedly in April," wrote the Wall Street Journal May 18.Those examples are all from the last two weeks. Reynolds has been linking to similar items since October 2009. Link to comment Share on other sites More sharing options...
Sanguine Posted May 29, 2011 Share Posted May 29, 2011 Which raises some questions. As Instapundit reader Gordon Stewart, quoted by Reynolds on May 17, put it, "How many times in a row can something happen unexpectedly before the experts start to, you know, expect it? At some point, shouldn't they be required to state the foundation for their expectations?" Yep. Link to comment Share on other sites More sharing options...
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