NYT interactive chart of forecasts and how they missed reality
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Monthly Archives: February 2010
US Budget Forecasts and actual reality
02-Feb-10Written in 1704
There is in England more labor than hands to perform it, and consequently a want of people, not of employment.
No man in England, of sound limbs and senses, can be poor merely for want of work.
All our workhouses, corporations and charities for employing the poor, and setting them to work, as now they [...]
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No Wonder Many Americans Are Pessimistic
(Financial Armageddon, 2/9/10)
Roubini: We Are in Trouble, U.S. Growth is Dismal, Unemployment to Rise
(Shocked Investor, 2/1/10)
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(Money Morning, 2/4/10)