Wednesday, June 29, 2011

Hsieh PJM OpEd: "Why the 'Unexpected' Keeps Happening"

The 6/29/2011 edition of PajamasMedia has just published my latest OpEd, "Why the 'Unexpected' Keeps Happening".

Here is the opening:
If an irresponsible teenager repeatedly crashed his car into a tree whenever he had a few beers, we would never say his accidents were "unexpected." Rather, they would be foreseeable consequences of driving while drinking. Similarly, we shouldn’t let journalists get away with describing as "unexpected" the foreseeable negative consequences of bad government policies.

Blogger Glenn Reynolds recently highlighted numerous examples of the media’s increasingly frequent use of "unexpected" to describe bad economic news. Unemployment "unexpectedly" rose despite federal "stimulus." Home sales "unexpectedly" fell despite taxpayer bailouts. ER visits unexpectedly rose in Massachusetts despite RomneyCare. Similarly, the Pundit Press blog has rounded-up dozens of examples of such "unexpected" developments since January 2011...
Read the full text of "Why the 'Unexpected' Keeps Happening" for the answer!