« "The Twenty-First Century Will be the Age of Inductive Economics" | Main | Same as it Ever Was »
First quarter GDP down 6.1%. Green shoots are not, policymakers must plan for a prolonged downturn. If things turn out better than expected, great, but given that this downturn has been deeper and longer than anyone expected, even updated forecasts have consistently been too optimistic, we cannot let down our guard.
Posted by Mark Thoma on Wednesday, April 29, 2009 at 09:50 AM in Economics |
Permalink
TrackBack (0)
Comments (13)
TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d83451b33869e201156f67353e970c
Listed below are links to weblogs that reference The Bad News Continues...:
You can follow this conversation by subscribing to the comment feed for this post.
Recent Posts
New CommentsBlog Established
March 6, 2005
RSS Feed
Follow on Twitter
Friend on Facebook
New Links From BlogsThe views expressed on this site are my own and do not necessarily represent the views of the Department of Economics or the University of Oregon.
Email, Web Pages
