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Friday, February 6, 2009
I am skeptical that this prediction will turn out right.
In October I predicted that employment would not drop below 134 million. It hasn't yet -- but it got close enough in January that I am skeptical that this prediction will turn out right.
In October, it was not clear that employers would begin proactively shedding workers. Beginning in the middle of November, they did. Also, it was not written in stone. Policy actions have made things worse.
In October, it was not clear that employers would begin proactively shedding workers. Beginning in the middle of November, they did. Also, it was not written in stone. Policy actions have made things worse.
Don the libertarian Democrat