[Red Badger]

Economists use the same Supercomputers to model the world economy that the Environmentalists use to model the world climate.................

[jeffc]

During the Reagan boom years, Dems and their media kept predicting recession, inflation, the doom of society, and everything in between. Reagan's boom-time policies even kept Clinton afloat.

When a Repub is Prez, disaster is right around the corner. When a Dem is Prez, good times are just around the corner.

[Fido969]

What’s the problem? Krugman’s prediction rate is 100%. Always has been.

[mywholebodyisaweapon]

The economy is doing great right now, but the yield curve is getting MUCH closer to inverting, thanks to the Bernanke/Yellen low interest rate policy. Kudlow is certainly smart enough to avoid a recession. No doubt he has seen the signs and is taking steps to prevent it.

[DoodleDawg]

Business is cyclical and the fact that there will be a downturn at some point is inevitable. It’s just a question of when. But, as Janet Yellen said, business cycles don’t come with expiration dates so the 2020 is just a guess based on whatever factors the economist chooses to use.

[arthurus]

NOT to the “chagrin of the dismal science. To the chagrin of leftist claimants to the title of Economist, though.