AntonToo
Diamond Member
- Jun 13, 2016
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Yeah...remember when Obama's "crystal ball" said that if we passed his trillions in "stimulus" waste, unemployment would "never reach 8%"? So what happened? Unemployment skyrocketed to over 10%.Yea thats kinda what we have to do in absence of CRYSTAL BALLS and ability to track every dollar in eocnomy. Inquiring minds should really learn that about macro economics.
The absence of CRYSTAL BALLS happened, as the depth of recession was not known at the time, so the assumption about mild-recession baseline was way off.