Monday, January 24, 2011

Economic Forecasting in Alternative Universes | Platformonomics

Check the link below for a stark macroeconomics + politics reality check

My purpose in writing this is not to score partisan points (one can easily argue that Obama’s core economic policy differed little from Bush’s, and both were paltry in impact compared with the Federal Reserve), but rather to indict the whole macroeconomic-industrial complex (a sentence which to me evokes this clip starting at about 1:45).  What set me off is the implication in the article that the administration is looking not just to rejuvenate the economy, but also to salvage the reputation of government management of the economy.

Economic Forecasting in Alternative Universes | Platformonomics

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