Archive for March, 2013

John Barron Predicts Bad Times

March 3, 2013

This is not an “official” prediction, but it essentially is a prediction that the economy will deteriorate in the following way: higher unemployment and more enrollment in “government programs”. Not sure which programs, presumably food stamps? I can guarantee that, due simply to demographics, there will be more enrolled in Medicare and Social Security due to aging of the population. That is not something the President controls.

Here is the statement: “Of course our burning is figurative, but the American economy is crumbling. Unemployment is getting worse and more people are enrolling in government programs with no sign of turning in any significant way.”

From this blog.

On this one, let’s check back in two years. What will be the unemployment figure, and what will be the food stamp enrollment numbers? We’ll see.