No Runny Eggs

The repository of one hard-boiled egg from the south suburbs of Milwaukee, Wisconsin (and the occassional guest-blogger). The ramblings within may or may not offend, shock and awe you, but they are what I (or my guest-bloggers) think.

Call Me Carnac

by @ 10:42 on February 27, 2009. Filed under Call me Carnac, Economy, Politics - National.

So you thought I was just pulling numbers out of my rectum with my earlier post?   How about this:

Economy shrinks at fastest pace in 26 years

Specifically, look at this statistic:

With Friday’s figures, Mayland lowered his forecast for this year to show a deeper contraction of just over 2 percent.

Hmmmm, President Obama said it was only going to be -1.2% when most private economists were already saying -2.2%.   Seems like President Obama is “ofer” in his attempt to prognosticate economic statistics.   It’s going to take a lot of hope to think his forecasting prowess will improve anytime soon.

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