Posted by Jami Couch | Posted in | Posted on 6:35 PM
So, anyone have any bets on when the economy will turn around? I just read this article on Reason online, and it got me thinking about just how humorous these predictions can be. Since the best outcome of our guessing is generally a "post hoc, ergo propter hoc" fallacy anyway, I'm going to say that the economy will begin recovery within the year in spite of Congressional meddling. And, just for fun, I'll add that if Congress had done nothing the economy would already have recovered. That second part has the advantage of being plausible yet completely untestable. Thoughts?
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