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Is economics a science aimed at deceiving people?

I recently heard in the news that Spain faces an imminent economic ruin, because statistically there are going to be lots of elderly people who are unproductive. This devastating message was announced by some highly educated economist.
Am I alone in thinking that a large pool of potential customers is an opportunity rather than a threat? In my view the senior citizens are a blessing to the economy. Younger people will find lots of employment in extending their loving care to them, particularly to those without a family. Elderly people need to be looked after by doctors, physiotherapists, entertainers, they will want to travel and to play etc etc and they have their retirement pensions to pay for all these things.
I believe that economists are either spun out as not to be able to think reasonably or that they disseminate false statements on purpose to further oppress the population at large. Judging by their looks, the latter is the case.
Another good example of how economists bend the reality to serve their cunning aims, is how they insist that at the time of mass unemployment, the retirement age should be ... extended! In other words economists propose that where there is a shortage of jobs, those jobs which could be made available, will not be available. Is that standing the world on its head or what?

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  • Jan 15 2013: Economics is not a science. It simply doesn't meet the requirements of empiricism, falsifiability and self-correction. There are economists out there who work scientifically but the field as a whole is not scientific.

    "Another good example of how economists bend the reality to serve their cunning aims, is how they insist that at the time of mass unemployment, the retirement age should be ... extended! In other words economists propose that where there is a shortage of jobs, those jobs which could be made available, will not be available. Is that standing the world on its head or what?"

    In the world of economics natural resources are endless, like manna from the heavens, so economists are surprised when all those unemployed "lazy bums" don't go to work and produce more stuff (though some unemployment in the West is caused by the Chinese working 60 hour work weeks). The rate of automation has surpassed the rate of learning how to make more crap per liter of petroleum, but since most economists wouldn't know the difference between a protein and a photon, they don't understand what's going on and start pulling bogus explanations from their behinds.

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