Poll Dancer by Keith Ng

Newsflash: Economists are Wrong

This just in, from the office of Trevor Mallard:

A Treasury report released today forecasting the take-up of student loans following the introduction of the no-interest-while-studying policy shows just how inaccurate economists' forecasting of behaviour can be, Education Minister Trevor Mallard said.

"This report highlights how out of touch with human behaviour some economists can be. Even the Treasury report, which was reasonably conservative, got it badly wrong. This makes a further mockery of extremist economists who have used wildly inaccurate figures to bag Labour's proposal to scrap interest on student loans.

Alright, attacking WestEvilGreedyCapitalistPac is one thing, but slamming Treasury, too? Economists are "out of touch with human behaviour"? Forgive my geeky bias and Vulcan tendencies, but, uh, this seems rather illogical. After all, *somebody* has to make educated guesses about the future, and if not economists, who? Astrologers? Soothsayers? Press secretaries?

It utterly begs the question - oh, let me stress that again - it's crawling on its hands and knees, begging, begging for the question: If economists are useless, out of touch, inhuman and generally wrong, *who the fuck did Labour's costings?*

Are they: a) Inaccurate economists who are out of touch with human behaviour? b) Economists spliced with human genes? c) Not economists at all?

All I can says is: Does not compute. Does not compute.