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


To: i-node who wrote (496476)7/20/2009 10:51:48 AM
From: tejek  Read Replies (1) | Respond to of 1572033
 
> .it was the average of all the rates projected by economists at the time.

I think you're confused.

No economist was predicting a max of 8% -- that was Obama doing that and it was arbitrary and without foundation. He said if we got the stimulus passed at once (without anyone reading the bill), then he could keep the unemployment rate at 8%.


They used an average rate but whether they did or didn't is immaterial. You're chasing a dog that won't hunt. Sorry.