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Wow- These Economic Forecasts Are Flipping Ominous

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DemocratSinceBirth Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-11-10 05:44 PM
Original message
Wow- These Economic Forecasts Are Flipping Ominous

http://web.rollins.edu/~wseyfried/forecast.htm

I wish I was fifteen years older so I could retire
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emilyg Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-11-10 07:08 PM
Response to Original message
1. I'm retired and scared.
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elifino Donating Member (331 posts) Send PM | Profile | Ignore Sat Sep-11-10 07:10 PM
Response to Reply #1
2. Same here
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Clio the Leo Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-11-10 10:23 PM
Response to Original message
3. Thank you, you found what I'd been looking for CBO unemployment forecast...
... for the year 2010 to be an average of 9.5 .... 9.0 in 2011.

If we were WAY above that, I'd be worried. As it is....

https://docs.google.com/viewer?url=http://www.cbo.gov/ftpdocs/117xx/doc11705/EconomicProjections.pdf

(I know, easy to say when I have a job.)
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elleng Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-12-10 07:36 AM
Response to Reply #3
6. How the heck do they come up with these projections???
:shrug:
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Clio the Leo Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-12-10 01:04 PM
Response to Reply #6
7. And the more important question....
... how is unemployment going to go from 9.0 in 2011 to 6.0 in 2012 ... but hey, they tend to make conservative estimates, if that's the case, I wont argue.
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golfguru Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-11-10 10:28 PM
Response to Original message
4. I am not worried
I have a private investment plan which pays me enough.
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DemocratSinceBirth Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-12-10 05:43 AM
Response to Reply #4
5. That's What Former Enron Employees Said.
~
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