Stupidest phrase spotted in the wild today from an economics commentator is, sadly, by one of the most read.
“America . . . remains the world’s consumption engine. . . .”
An engine of consumption! That’s like saying we fill our petrol with cylinder heads. That eating ice cream fills our fridge. As if it’s consumption that drives economies – which you'd think we'd know by now isn’t true – and all we need to do is find the sparkplugs and we’ll be off again.
Fortunately, he redeems himself by some great links, including David Haywood’s fall-on-the-floor hilarious short stories ‘about’ Alan Bollard and his Reserve Bank. Perhaps you remember ‘In Canberra with Alan’ – Hunter S. Thompson with The Bollard, armed and dangerous in Canberra?