Privatization Pep Rally

[Brett Knowlton]

I have to agree with Doug here, although I am curious about one thing.  Has
there been a history of pessimistic growth rate predictions by the gov't,
or is this something new?

Brett

At 03:42 PM 7/29/98 -0400, you wrote:
>Max Sawicky wrote:
>
>>It remains for us to explain why we'll get
>>to 2.5, and why the arguments that we won't
>>get there are wrong.
>
>Seems to me the burden of proof is on someone forecasting a sharp departure
>from historical averages, not on those who argue that the future should be
>much like the past. (Don't tell Paul Davidson!) Even 2.5% is well below the
>average growth rate of the last 75 years.
>
>Doug
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