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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: neolib who wrote (229870)11/22/2009 8:12:28 PM
From: steve harrisRead Replies (1) | Respond to of 306849
 
Why hell, no big deal in the Obama administration moving the unemployment prediction goal posts every month is it, after all, that darn Bush kept trashing the economy even after he was gone.

Here's a time line of the predictions from the Obama administration:

johnrlott.blogspot.com

Before you start, John Lott is against gun control and might be a conservative.



To: neolib who wrote (229870)11/22/2009 8:38:29 PM
From: alanrsRespond to of 306849
 
"If he's using a prediction drawn in early 2007, he's being just a tad disingenuous don't you think?"

If memory serves me, and it often does not, this was the graph used to sell the stimulus package, created by the government at that time (not in 2007) in an attempt to stampede public opinion, the upper blue line being the end of the world as we know it result of not passing the $800 and some odd billion stimulus. The same stimulus package that was passed by our duly elected representatives despite widespread public opposition.

There are many things that could be inferred from that graph of blue lines regarding the governments competency or honesty.

ARS