Skip to comments.
Astrological Economics in D.C.
Commentary Magazine ^
| May 22nd, 2009
| John Steele Gordon
Posted on 05/22/2009 12:26:04 PM PDT by Jbny
Washington and its press corps love ten-year economic projections. The executive branch is required by law to make them for all manner of things. And news outlets publish them with the same shamelessness that supermarket tabloids publish predictions of Martians landing in Central Park.
(Excerpt) Read more at commentarymagazine.com ...
TOPICS: Business/Economy; Government; Miscellaneous; US: District of Columbia
KEYWORDS: debt; economist; gdp; predictions
posted on 05/22/2009 12:26:05 PM PDT
It’s become clear that economists (especially in DC) can’t do simple math.
posted on 05/22/2009 12:32:18 PM PDT
(a good story is more compelling than the search for truth)
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson