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When it comes to economics, are you a supply sider, a Keynesian, Marxian or a Googleist? Obama’s Chief Economic Adviser Larry Summers is clearly the latter.
All this time I thought that there were all sorts of curves, graphs and charts involved with the study of economic data, but forget about that, because there’s always the trusty “search engine” method, which saves on having to stock up on actual data and proof for your claims:
Of all the statistics pouring into the White House every day, top economic adviser Larry Summers highlighted one Friday to make his case that the economic free-fall has ended.
The number of people searching for the term Ã¢â‚¬Å“economic depressionÃ¢â‚¬Â on Google is down to normal levels, Summers said.
Well, it’s settled then. I guess that means when Google searches for “Michael Jackson” get back down to normal levels it will mean that the King of Pop is no longer dead.
The always hilarious Jim Treacher wrote the following via Twitter a few days ago:
It’s nice to know that the Great Depression never really happened, Larry. After all, it was 60 years before anybody Googled it.
I checked Googles “Hot Trends” list, and here’s the top search so far today:
Yep, clearly the economy is on the fast track to recovery. The Google economists have spoken!
Next up: Judging how the health care system is working by monitoring how many people Google “Band-Aids.”