Brad DeLong has a brilliant post entitled Waiting in Line: How Economists Think . It's a must read. Despite it's farcical nature, it really gives you a legitimate insite into what's both good and bad about economists' thought processes.....luckily, I tend to agree tih Brad's own take on the subject.

In an entry last night Tom Tomorrow says:

When I look back at my work over the years, there's usually a particular cartoon that sums up what I felt about the times we were going through. I have a feeling that "Outrage Overload" is going to be that cartoon for these years.

I don't doubt that he's going to be right.

In addition to the usual conservative bias of the larger media sources, it seems that there's been an approach taken by this administration which is akin to the concept that you can't keep more than 7 simultaneous thoughts in your head at the same time. If they don't do enough that's strange/wrong/weird, then media will have to have to keep focusing on that maller set, like they did with Monica and Whitewater. If, however, the administration decides to continuously act in all sorts of new and different outrageous ways, then since no one can focus on them all at once, they don't seem to be any more corrupt and incompetent than those who limit their screwups to the limit of concurrent processes.

I wonder what the typical number of stories that an average nightly newscast runs with is? If they're using that as their limit, what would the turnover in bad ideas have to be so that we don't have more than about a month to focus on any one of their stunts?