Predictions

1. "Economists are often asked to predict what the

economy is going to do. But economic predictions

require predicting what politicians are going to do--

and nothing is more unpredictable."

2. “The first lesson of economics is scarcity: There is

never enough of anything to satisfy all those who

want it. The first lesson of politics is to disregard the

first lesson of economics.”

-Thomas Sowell