While I am writing, to those of you complaining about the bankruptcy of the 
economics professions for failing to forsee the events of 2008, what conclusion 
are you drawing?  The conclusion that I draw is that if thousands of very smart 
people devoted to understanding our economy couldn't accurately predict what 
was going to occur, why do we think a few dozen government officials could do 
any better?  

David Shemano
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