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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (496468)	7/20/2009 10:25:55 AM
From: tejek	Read Replies (1) \| Respond to of 1571926

In effect, he said, "Without the stimulus nobody knows how bad it could be -- it could 11%-- but with the stimulus, it won't go over 8%". I don't know if it was a lie or gross incompetence but either way it was wrong. Once again, it wasn't a lie or gross incompetence.....it was the average of all the rates projected by economists at the time. I don't know of anyone on this planet who can accurately project what the unemployment rate will be for a particular month nor what will be the high point during a particular recession. The best economists can do is provide estimates. Of course, you knew that and using it as an excuse to grind your axe one more time. And please, the only incompetence we've seen for the past 8 years was the Bush WH. It was rolling in the stuff. Obama's WH is a breath of fresh air.