Matt Stoller of MyDD Explains Why Crazy Republicans Think We Have A Strong Economy

The obvious reason is, "Because we do have a strong economy," as virtually every metric shows.

Matt Stoller (proud member of the Reality-Based Community) rejects this reason. Rather, he has a "pretty simple" explanation for the odd phenomenon of Republicans thinking a strong economy is strong.

The reason? Republicans live in areas where the "Republican Economy," which relies almost entirely on military spending, weapons manufacture, clear-cutting forests, and strip-mining, is actually doing quite well, unlike the Non-Republican Economy (chief exports: enlightement, sharing, caring, and love) is doing horribly.

Near the end of this idiocy he notes, rather redundantly it seems to me, that he's not an economist.

He makes this stunning admission after noting that the "Republican Economy" might actually be affected by the larger Non-Republican Economy, as the housing market burst might finally cut into the Republican Economy, because "a lot of those guys are in construction."

Nuance so thick you could eat it with a fork -- but you'll want to use a spoon to get every delicious taste of idiocy and condescension.

Reality-based community.

Catch the fever.

Conn Carroll, who's a reporter type and thus doesn't really offer his own opinions, is content to just interview this idiot. I'm not sure if Carroll was listening to this stuff or thinking about his fantasy baseball picks, but his lack of reaction to these novel economic theories is pretty remarkable.

In related news... Jim Cramer just gave a "Buy" recommendation for CTTI (Cruciform Torch Technologies Incorporated), a company based in Marion, GA which manufactures and distributes high-end crosses for Klan-burnings. Supposedly they have a very favorable P/E ratio right now and Cramer sees them expanding their operations "like gangbusters."

Just Got My Matt Stoller Investment Newsletter... He suggests, in this economic climate, a diversified portfolio, putting 30% into Hate industry growth stocks, 20% into Unconstitutional Executive Coup D'Etat options, 25% into conservative Noise Machine technology stocks, the remainder kept in the form of cash, shotguns, diamonds, and survival stocks (foodstuffs, first aid supplies, free-range guard dogs, and Depak Chopra books-on-tape).

posted by Ace at 08:54 PM

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