From the daily archives: Monday, December 1, 2008

Last week I posted about Tom Blummer’s horrible economic predictions.

Last November he claimed the economy was actually quite strong and growing. He predicted we would avoid the coming recession and see strong job growth in 2008.

Funny thing…

A a new report says the US economy has been in a recession since last December. Right around the same time Tom was making his predictions.

And how does Tom Blummer respond to this report?

He denies it.

Instead of admitting he was wrong and moving on, he attacks the report and the people who produced it, […]

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