Thursday, June 5, 2014

Forty Years Ago

If you were to read a ten year economic forecast back in 1974, you might have noticed a bit of an anomaly in most of them: They were really eleven year forecasts. They discussed what the economists thought that conditions would be like in 1985.

You can probably imagine why that was so.

2 comments:

  1. Took me a minute…

    LRod
    ZJX, ORD, ZAU retired

    ReplyDelete
  2. Took my dad a minute, too, when I pointed it out to him.

    ReplyDelete

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