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Reality versus Romer-Bernstein

Obama economic advisers Christine Romer and Jared Bernstein made projections for unemployment in 2009. Their projections were the basis for the Obama stimulus plan passed in the opening moments of his Presidency. We thought it might be interesting to see how those projections have panned out so far.

Below is the chart, courtesy of SeekingAlpha.com.

reality versus Bernstein

All we can say is, it’s a good thing economists get graded on a curve.

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