2.14.2008

The Mother of all Economic Indicators

EconomicIndicators.gov:
Due to budgetary constraints, the Economic Indicators service (http://www.economicindicators.gov) will be discontinued effective March 1, 2008.

Budgetary constraints? They can drop millions of $600 checks from helicopters, but they can't maintain one basic web site that simply displays government statistics?

Kind of like the M3, huh? "Oh, it's too expensive to calculate. We don't have the resources. We're just the federal government. We'll have to leave it to someone with really deep pockets, some guy who runs a web site called ShadowStats."

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Quotations from Chairman Varones

There are very few financial problems that can't be solved by a suitable application of asset bubbles.