Tuesday, January 22, 2008

Economic Prediction

So what do I know? Nuttin', but just to show it can be done: the leading indicators, like the stock market, are at bottom or pretty near. They are going up now. The lagging indicators, like unemployment, have not yet shown their damage. They will worsen. They will bottom out in summer, and the Democrats will successfully convince a lot of people that the economy is tanking, even though it will already be rebounding.

2 comments:

Michael said...

The refrain "It's the economy, stupid" will be recycled by the Democrats. We will hear it much more often then "End the war". And then it will be 1992 all over again, as Clinton (II) will take office with a rebounding economy and take all the credit.

John said...

I'm sure that economy already be rebounding, but I'm not sure that whether Clinton(II) will take over the office or not. Anyway hope for the best in both the economy and politics...
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