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Response to Richardo (Original post)

Tue Jan 3, 2012, 04:40 PM

5. YET AGAIN, CONFESSIONS OF A TORTURED STATISTIC

Some wise man once said “Statistics are like a bikini. What they reveal is suggestive, but what they conceal is vital.” Add to that those persistent rumours that if you torture statistics long enough it will eventually confess to something, and you have a potent mix on your hands. Not for the first time, we have seen some innocuous set of numbers scoured and pored over in excruciating detail, until at least some crumbs of comfort could be rescued from the grim rubble. For the numbers this is an extremely frustrating ordeal. All they want is to be allowed to tell it like it is: you lot dunno what’ya doing. But then who cares about the unleavened truth when sheer romantic escapism presents a far more appealing picture? Without a doubt this economic crisis is the ultimate homage to St Jude, the patron saint of lost causes. I have closely followed these recovery tales- and I have the entire list of news stories to prove it - since May 2009, which means we're entering the third year of recovery! Some recovery this.

http://www.maverickonomics.com

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Arrow 41 replies Author Time Post
Richardo Jan 2012 OP
msongs Jan 2012 #1
zipplewrath Jan 2012 #2
IthinkThereforeIAM Jan 2012 #3
madrchsod Jan 2012 #4
LineReply YET AGAIN, CONFESSIONS OF A TORTURED STATISTIC
merkozy Jan 2012 #5
dmallind Jan 2012 #6
dmallind Jan 2012 #7
Kolesar Jan 2012 #8
Surya Gayatri Jan 2012 #14
RBInMaine Jan 2012 #11
chervilant Jan 2012 #13
Kolesar Jan 2012 #15
chervilant Jan 2012 #16
girl gone mad Jan 2012 #24
Kolesar Jan 2012 #25
girl gone mad Jan 2012 #35
chervilant Jan 2012 #34
Kolesar Jan 2012 #36
chervilant Jan 2012 #40
dmallind Jan 2012 #29
chervilant Jan 2012 #32
dmallind Jan 2012 #33
bigwillq Jan 2012 #9
liberal N proud Jan 2012 #10
Deep13 Jan 2012 #12
Richardo Jan 2012 #17
Deep13 Jan 2012 #18
boppers Jan 2012 #37
Deep13 Jan 2012 #39
boppers Jan 2012 #41
JDPriestly Jan 2012 #19
BadtotheboneBob Jan 2012 #21
JDPriestly Jan 2012 #22
Kolesar Jan 2012 #26
JDPriestly Jan 2012 #27
hack89 Jan 2012 #31
dmallind Jan 2012 #30
Yo_Mama_Been_Loggin Jan 2012 #20
90-percent Jan 2012 #23
Kolesar Jan 2012 #28
Gringostan Jan 2012 #38
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