Oh, and just for good measure, “It’s Bush’s fault.” Christina Romer, the famously inaccurate economic crystal ball gazer gazes into her crystal ball again and predicts the economy will begin creating jobs again come spring.
I dearly hope she is right but my guess is, based on her track record, she is wrong. Remember, she is the economist who predicted that unemployment would rise above 8% if we did not enact the $800 billion dollar stimulus package immediately. Remember?
She already has had to revise that one. Here’s her new prediction. Pathetic really, because she really predicts nothing.