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April 07, 2008

Grandpa Greenspan upgrades recession chances

Greenspan The Alzheimer's lifted briefly today and Grandpa Greenspan broke with his whole 25.56% chance of recession talk and said that there is better than a 50% chance of recession now.

I really think I could be an economist.  You just wait until the thing actually happens and then say that thing is likely to happen soon.

Can you just see the weatherman outside with his umbrella up so that he doesn't get wet telling us all that there is a better than 50% chance of rain.

Ya think?

"Put this one in the record books.  Rams 41.  Cowboys 27.  Madden, what did you think of the game?"

"I'd say there is a better than 50% chance that the Rams are going to win this thing."

Does anyone put any stock in what Uncle Ben or Grandpa Greenspan have to say?

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