Kash and I (and Brad) had a lot of fun last week laughing at the laughable jobs forecasts in the current Economic Report of the President. We all wish they were true, but we’d all also like to win the lottery — and the odds of each are about the same
Via The Left Coaster, I see that Treasury Secretary Snow and Commerce Secretary Evans don’t believe the foreceasts either:
Treasury Secretary John W. Snow distanced himself on Tuesday from the Bush administration’s official prediction that the nation would add 2.6 million jobs by the end of this year. … But on a tour through Washington and Oregon to promote the president’s economic agenda, Mr. Snow and Commerce Secretary Donald L. Evans both declined to endorse the White House prediction and cautioned that it was based on economic assumptions that have an inherent margin of error.