PREDICTIONS ON WEALTH OR WEATHER ARE JUST A ROLL OF THE DICE
How many hurricanes do you think will hit the East Coast of the United States in 2015? Will the Arctic ice sheet disappear next year? How fast will the U.S. economy grow? What will the level of the Dow Jones stock index be at the end of 2015? Which team will win the World Series?
Go back and look at past predictions made by the experts, and then look at what really happened.
Climate alarmists 15 or so years ago were forecasting catastrophic events by this time. Al Gore and his alarmist crowd told us that by now we would be having more and stronger tornadoes and hurricanes.
And indeed, many tornado and hurricane records have been broken -- not because there were more, but because there have been fewer. Florida has now gone a record nine straight seasons without a significant hurricane.
Government economists have no better track record at predicting what will happen to the US economy next year than climate alarmists. Maybe worse and here's why.
