Laura Tyson on Economic Forecasting
I recently ran across a quote from Laura Tyson. It highlights some issues with regard to economic forecasting. Here is her quote: http://www.msnbc.msn.com/id/31910717/ns/business-eye_on_the_economy/ “We are in a balance sheet recession,” said Laura Tyson, a former head of the Council of Economic Advisers during the Clinton Administration who is now one of President Obama’s economic advisors. …