I remember that article. It had two glaring ommissions:
1. Economists were not aware that there would be a major terrorist attack six months later
2. Economists did predict the recession that occurred in March 2001 due to the Bush administration's desire to weaken the dollar. When polled, a few economists were polled if there would be a double dip recession and 95% said no- a fact that changed six months later.
1. Economists were not aware that there would be a major terrorist attack six months later
2. Economists did predict the recession that occurred in March 2001 due to the Bush administration's desire to weaken the dollar. When polled, a few economists were polled if there would be a double dip recession and 95% said no- a fact that changed six months later.