01-05-2016, 03:39 PM
I though this was a fun read. Politico asked a bunch of prominent economists to speculate about how the economy will fare in 2016. As I read the first few answers, I found myself evaluating the merits of the specific arguments. But as I read more and more of them, the diversity of opinion and disagreement and axe-grinding just became an amusing collage of opinion.
Only a couple of times did the respondents acknowledge the futility of the question. Robert Reich amusingly stated that "Economic forecasters exist to make astrologers look good, but I’ll hazard a guess...."
Only a couple of times did the respondents acknowledge the futility of the question. Robert Reich amusingly stated that "Economic forecasters exist to make astrologers look good, but I’ll hazard a guess...."