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You are here: Home / Potpourri / Economics 101: Rosy Scenario Policy

Economics 101: Rosy Scenario Policy

Economics 101: Rosy Scenario Policy

[This is part of the series: The Complete Guide To Economics 101.]

What is a rosy scenario policy?

A Rosy Scenario Policy is when the government offers nothing but good economic forecasts.

Sure, some part if it might have to do with controlling expectations – and the fact that expectations can turn into reality.

But what would you do?

Congress, Senators, the President, bureaucrats – can you imagine them all coming out and saying:

Over the next year, the economy will probably shrink by 4-5%, we expect the stock market to go down by 30-50%, and unemployment to go to 8-10%.

They will never say that.

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Filed Under: PotpourriTagged With: #Economics101

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