Cathcart and Klein help us learn to identify tricks such as "The Texas Sharpshooter Fallacy
" (non causa pro causa) and the "The Fallacy Fallacy" (argumentum and logicam).
If these economists were correct, that this recession was a departure from the patterns of others, then it stands to reason that economies would cease behaving in accordance to the plucking model, which is precisely what has happened This is not in any way the "Texas sharpshooter fallacy
," where after the fact the "test" of a theory is defined so that the theory passes; the plucking model has been one of the primary rationales as to why ABCT was dismissed by macroeconomists.
If they do, they'll fall into the "Texas Sharpshooter Fallacy
." This fallacy is named after a Texas sharpshooter (I guess the sharpshooter could be from any other state, but the name just seems to fit) who shoots a bunch of bullets at the side of a barn, walks up to the barn and draws the target around where most of his bullets hit.