Obama Administration Economic Forecasting – Post-Mortem

The above forecast was approximately 1-May, 2010.

Biden Blames GOP for “Undersized” Stimulus But Obama Said It Was Just the “Right Size” (Video)

Let’s get one thing understood, now. The Obama Administration can no more forecast economic conditions than could FDR. Implicit, Obama has no clue what causes economy; because he was not even an amateur student of economy. We will repeat the history of FDR as long as attractive nuisances like Obama do not remember it.

What in the world made you think Obama could predict economy? That he was a community organizer?

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