Did I Forget To Mention The Unexpected?

Althouse: Christina Romer, mystified.: "Saying her good-byes.
When she and her colleagues [on the Council of Economic Advisers] began work, she acknowledged, they did not realize 'how quickly and strongly the financial crisis would affect the economy.' They 'failed to anticipate just how violent the recession would be.'

Even now, Romer said, mystery persists. 'To this day, economists don't fully understand why firms cut production as much as they did or why they cut labor so much more than they normally would.' Her defense was that 'almost all analysts were surprised by the violent reaction.'

Yes, we've noticed that every damned thing that happens is declared 'unexpected.'"

RTWT. I'm betting it wasn't unexpected to you though...