tag:blogger.com,1999:blog-7212644194675966539.post3394594685996840802..comments2023-11-26T05:59:19.728-05:00Comments on Ummagumma: Henceforth, I dub thee The Great RecessionKeithhttp://www.blogger.com/profile/15849810098557779975noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7212644194675966539.post-84230539346837643842008-11-21T19:50:00.000-05:002008-11-21T19:50:00.000-05:00Thanks, I'm still learning here. A couple of respo...Thanks, I'm still learning here. A couple of responses.<BR/>I have heard that as a group, economists are wrong slightly more than half the time. Throw out their incredibly complicated econometric analyses, and flip a coin to beat them. I really believe that. Same thing with financial advisors as a group.<BR/>FDR flailed along for nine years before WWII solved the problems for the US economy.<BR/>Reagan did not solve the early 80's recession with a tax cut. He did it with spending, if he had anything at all to do with the later recovery.<BR/>I would rather inherit the economy in a valley of suffering. Obama will get the credit for the recovery, regardless of what the does.<BR/>History is the BIG spin.<BR/>StuffeyAnonymousnoreply@blogger.com