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this post was submitted on 04 Dec 2023
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This isn't even remotely true, why is it being upvoted?
Maybe because it is true and no one wants to hear government economists bullshit about how everything is fine when everything is not fucking fine.
So sick of economist lying crap. Telling us we can't have universal healthcare and we can't get rid of student loan debt but we have to give free money to banks and trade with countries that have slavery.
But it's simply untrue.
Here is goldman sachs saying, over a year ago, that a path to a soft landing is hard but feasible. Here is an economist, from over a year ago, predicting that the chance of a soft landing was going up. Here are 3 economists writing for the Harvard business reviewing saying, back in Februrary, that the chances of a soft landing were good and calls for a recession were premature.
The whole point of the fed's policy on the rates was to tamp down on inflation while at the same time avoiding a recession. They are, of course, economists. At this point we look like we have good odds to pull of what they were intending to pull off.
I don't know where you get your information from, but if you thought no one thought was predicting a soft landing until a few months ago, well it's safe to say you don't really pay much attention to these things because plenty of economists have been predicting it likely, or going to happen, even for a long time. I've only heard a handful of economists even come close to virtually assuring a recession.
A thousand psychics making predictions every day and one being correct proves nothing.
Untrue, as it proves, without a doubt proves that:
is untrue.
This is the advantage of basing your opinions off the facts, tas he facts actually support your claims.
Can't hear you over the sound of thousand of government economists saying everything is fine
The fed is a government economist, at least in some regard, so even that claim falls pretty empty.
But notice how I was able to back up my claims with facts, you just moved the goal posts, without admitting fault, to a new unsupported claim.
You're not clever, you're a joke.
So boring and so blocked.
Blocking when you can't defend the point. Sticking your fingers in your ears like a toddler, instead of simply learning.