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Politics : Stockman Scott's Political Debate Porch
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To: TigerPaw who wrote (6540)9/17/2002 9:17:20 AM
From: Jim Willie CB  Read Replies (2) of 89467
 
economists get the Industrial Production wrong badly (again)

they expected +0.2%
we got -0.3%

the great majority of macro-econ data is negative
it makes liars or fools out of economists
who get it wrong almost every time
the reasons are many, spoken ad nauseum here

the path to endless recession or stagnation continues

THIS AINT YOUR USUAL BUSINESS CYCLE, MRS. EDGERLIE

/ jim
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