Econobabble

What is Econobabble?

1.

New self-coined word used to describe the self proclaimed wisdom of all the present day pseudo-economists. They have 100 bogus reasons for what just happened, and just as many for what didn't happen. Kind of like watching sports announcers, during a game, hamming up the leading team and acting like they knew what was going to happen all the time--when they didn't have a clue.

I get so tired of reading all the so-called "experts" on the economy, when in reality it is all just econobabble.

See psychobabble, rush limbaugh, joke, ho ho ho
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