Post #20462 by Gator1984 on the US Policy board

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Let me add a few more points on the letter.

Economics is as much an art as a science. Making definitive projections is basically irresponsible in my opinion.

That being said. Different policies and actions may have different results depending on other variables at the time. Including where you may be in the economic cycle.

So again, my main point is be a little less firm in your predictions, you are almost always going to be somewhat if not totally wrong when it comes to economics.

That is why we have very few wealthy economists. It is more than a joke. That is the one fact in all of this.

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