It's Dippy to Fret About a Double-Dip Recession - Barrons.com

Past as Prologue?: It's Dippy to Fret About a Double-Dip Recession - Barrons.com: "- Sent using Google Toolbar"

In terms of econometric models, has there been a period when such a welter of anti-business tax and regulatory inhibitors existed?

I'd rather say no! And, as such, the ability of any such models to forecast with any degree of reasonable relationship to past events would appear more than highly suspect.

Should one venture out into history, one does seem to find that people do believe that past is prologue and, as such, they are more likely to believe the current anti-business administration will have less impact on jobs and the economy than an iconoclast or maverick might flag as a possibility.

But, who knows? (How many guessed right on the housing bubble?)