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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (46303)9/29/2010 9:06:10 PM
From: TimF  Read Replies (1) | Respond to of 71588
 
Having consistent projections" != showing us anything useful.

And history now shows that those projections were amazingly accurate.

It shows nothing as far as causes. And nothing to back up the relative predictions (if we do X, rather than Y, it will make Z worse, even Z actually being worse at the end of the period in question doesn't show us that doing X made Z worse.

I don't think they made any specific absolute predictions (Unemployment will be X%, GDP growth will be y%, etc.) If you think they did you can post it here. But even if they did, its irrelevant to the point. If a study predicts that unemployment will be 10% in X years, and then X years later it is 10%, the study still didn't show us that unemployment was going to be 10%, the actual eventually unemployment rate (and the method for collecting and calculating that statistical information) showed us.