Woo-hoo! Some Good News

by: rich

Tue Jul 07, 2009 at 09:16:54 AM EDT

Ah, predictions about the economy. I've yet to see one that seems based on reality. But here goes:

University of Michigan economists say the state's hard times will stick around for the rest of the year and into 2010.

They go on to say that unemployment will peak at 15.8% that year. But the good news is that after 2010 it's clear sailing!

This also means that next year's state budget will have an even bigger hole that will require yet more inventive one-time gimmicks and financial trickery in order to fill it.

rich :: Woo-hoo! Some Good News

Tags: fiscal sanity, (All Tags)

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Woo-hoo! Some Good News | 3 comments

Just long enough (0.00 / 0)

to give the Governorship to the Republicans...

Yea!

by: Nazgul35 @ Wed Jul 08, 2009 at 16:48:01 PM UTC

by: you @ soon

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They say that every year. (4.00 / 1)

For the past three years I've heard "It's going to suck this year, but next year will be better!"

It's all bullshit. They don't know when it's going to end.

by: djtyg @ Fri Jul 10, 2009 at 04:28:52 AM UTC

by: you @ soon

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Exactly n/t (4.00 / 1)

by: rich @ Fri Jul 10, 2009 at 11:19:34 AM UTC

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Woo-hoo! Some Good News | 3 comments

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