I Haven't Heard Anything that Hints That This Sort of Thing Is a Consideration at All...

Andrew Gelman:

Is it 1930? - Statistical Modeling, Causal Inference, and Social Science: Lawrence Mishel of the Economic Policy Institute reports:

Goldman Sachs' latest forecast (and they've been pretty accurate so far) is that unemployment will rise to 9.9% by early 2011 and trend down to 9.7% for the last quarter of 2011. Obviously, this is a simply awful scenario but it seems one that is being accepted. That is, we seem to be in the process of accepting the...