Thursday, June 26, 2008

The Sardonic Mankiw

says:

"You know the economists?'' McCain said June 12 at Federal Hall, near the New York Stock Exchange. "They're the same ones that didn't predict this housing crisis we're in. They're the same ones that didn't predict the dot-com meltdown. They're the same ones that didn't predict the inflation that's staring us in the face today.''

Fortunately, Mr McCain's crystal ball foretold all of these events.

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