The Changing Shape of the Future
In Which Steven Horwitz Demonstrates That He Cannot Do Rocket Science--or Economic Science Either

When Will It Be "Morning in America"?

What if, starting in January of 2009, the unemployment rate were to have gone up by as much and then come down as much and as rapidly as unemployment did starting in January 1982?

That's the red line.

Recent history and the administration's unemployment forecast make up the blue line:

20100202 arra forecasts.xls

Comments welcome...