A Few Good Economists...

Couldn't resist this one after reading the ones on Traders & Central Bankers...

You can't handle the truth! Son, we live in a world that has GDPs. And those GDPs have to be predicted by men with models. Who's gonna do it? You? You, Dr Krugman? I have a greater responsibility than you can possibly fathom. You weep for Greece and you curse the Economists. You have that luxury. You have the luxury of not knowing what I know: that Greece's default, while tragic, will probably save economies. And my existence, while grotesque and incomprehensible to you, saves economies. You don't want the truth. Because deep down, in places you don't talk about in dealing rooms, you want me on that GDP. You need me on that GDP. We use words like inflation, unemployment, consumption; we use these words as the backbone to a life spent modelling something. You use them as an algorithm. I have neither the time nor the inclination to explain myself to a man who trades and profits under the implications of the very forecast I provide, then questions the manner in which I provide it! I'd rather you just said thank you and went on your way. Otherwise, I suggest you pick up a model and predict a variable. Either way, I don't give a damn what you think you're entitled to!