Treasury Secretary Scott Bessent just torched the Fed's economist crew. He called their busted forecasts a PhD welfare program, then dropped this bomb: if air traffic controllers screwed up this badly, planes would be grounded permanently. The kicker? Chicago Fed's own data exposes inflation prediction errors that literally tripled after 2020. When your track record makes weather forecasters look reliable, maybe it's time to rethink the models—or the modelers.