Attention, MSM climate reporters: Not only do you not understand the climate, you don’t understand how or why you do not understand the climate. That’s just one reason why you need to respect scientists such as climate “skeptic” John Christy, who at least has the humility to understand that. Confused? Then read on.
Tagged: new york times
Did Janet Yellen,
(1) see any problem in the housing bubble,
(2) anticipate the bursting of the housing bubble; and,
(3) anticipate its implications for the U.S. economy?
The answers are (1) no, (2) no, and (3) no.
With the collapse of the real estate bubble, many normally self-sufficient individuals and families found themselves not only out of work, but homeless. This caused a surge in the number of “tent cities” in the United States. To really help our fellow man, we should shift from enabling others to not work to insisting that they do.
In “Paul Krugman and Detroit, Part 1” I discussed the New York Times columnist’s failure to understand why Detroit currently resembles the United States in Atlas Shrugged. But Krugman’s error[...]