is down again. …UNEXPECTEDLY?


The federal health-insurance exchange suffered an unexpected outage Friday morning just days ahead of a crucial enrollment deadline.

People logging on to the website received an error message that said: “The system is down at the moment. We’re currently performing scheduled maintenance. Please try again later.”

You keep using that word.  I do not think it means what you think it means*. Continue reading is down again. …UNEXPECTEDLY?

#rsrh QotD, ‘Unexpectedly.’ edition.

If you’ve followed the economy for any length of time, you’ve probably noticed by now that every month it turns out that the economy has gone to pot – and that every month this shocks economists and financial reporters, like the first green-gray mountain of sea water on the horizon legendarily terminally shocked the sages of Atlantis.

Every month.

Jim Geraghty has finally stated the obvious about this:

If you ever have to get into a fistfight, make sure your opponent is an economist often consulted by the mainstream media, because that way you’ll always have the element of surprise.

Via… Jim Geraghty.

#rsrh I’m glad that Christina Romer can see the humor…

…in our current debt downgrade situation:

Christina Romer, the former chair of Obama’s Council of Economic Advisers on Friday offered a rather strong opinion concerning the announcement by Standard & Poor’s that the credit rating agency downgraded America’s debt to AA+.

Appearing on HBO’s “Real Time,” Romer said we’re “pretty darn f–ked”…

Now, I’m not going to pretend that I’ve never heard that particular word before. Or that I have not used that particular word, either.  I have.  Often.  Loudly.  Emphatically.  Sometimes even gratuitously. Ms. Romer even used it in context, although ‘in context’ in this case means ‘on the site of what is by all accounts a metaphorical and bacteriological cesspool.’  But I am forced to remind Ms. Romer that one major reason why we’re in the mess that we’re in right now is specifically because of her incompetence as President Obama’s chief economist.  As has been pointed out many, many times: the report that Romer and the rest of her eased-out-the-door staff put together used the argument that if the proposed stimulus passed, unemployment would cap at 8%; and if it failed to pass, unemployment would hit 9%.  So, having sold the argument, the Obama administration took almost a trillion dollars that we didn’t actually really have and spent it… Continue reading #rsrh I’m glad that Christina Romer can see the humor…