Fools in charge

Oh no, more UNEXPECTED news about the economy!

The withdrawal of federal tax credits for home buyers led to a steeper-than-expected plunge in May home sales in much of the U.S., as the housing market struggles to wean itself from government support.

Are you fucking kidding me? No one expected the house sales to drop through the floor when the government subsidy went away? Were they all asleep in Freshman Economics?

This is what happens when you have ivory tower “experts” in charge. Reality will NEVER match the model. Just ask a meteorologist if you don’t believe me.


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5 Responses to Fools in charge

  1. Old NFO says:

    Yeah, but weather guessers CAN be right 50% of the time and it’s no big deal… sigh…

  2. Pingback: SayUncle » Expect the unexpected

  3. mike w. says:

    Oh boy! You prop up a market with taxpayer money, then take it away and call the drop in sales “unexpected.” Hmmm, you remove an incentive to purchase a product and as a result fewer people purchase said product. Inconceivable!

  4. Newbius says:

    That word they keep using. I do not think it means what they think it means…

  5. Shootin' Buddy says:

    “Are you fucking kidding me?”

    Save this phrase.

    It will be handy to have throughout the Obama Administration.

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