Thursday, June 23, 2011

Chart of the Day

From Krugman:
Federal Reserve Forecast for Unemployment
I'll bet on the light blue section on the top side.  That is, if it doesn't start climbing back up.  Note that the worst prediction on the chart is still an improvement over the existing data.  I take it back, I think the top light blue section is an optimistic case.  We are screwed.

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