Unexpectedly, the Sun Rose in the East
From one of my regulars:
WSJ: “The number of idled U.S. workers making new claims for jobless benefits unexpectedly increased last week to the highest level in nearly four months, raising concerns about the labor market’s recovery.”
Hey, how many months of this have to pass before editors decide “unexpected” doesn’t work? What’s next? “In the wake of the nation’s worst economic quarter in a quarter century, its worst environmental disaster in history and rising doubts about President Obama’s ability to lead the country, his public opinion polls unexpectedly declined . . .”
If you ever have to get into a fistfight, make sure your opponent is an economist often consulted by the AP, Reuters, or the Wall Street Journal, because that way you’ll always have the element of surprise.