Aren't ALL Presidents' Reports "Too Rosy" when issued?
Hard to say as we don't look at "when issued" but it looks like a huge majority of them were more optimistic than actuality - only President Clinton was wrong positively three years in a row (projection less than actual) on Real GDP:
I try to stay out of most of the politics (I wish the politicians would stay out of economics but such is life)! grin
Here's the source article for the graphics above from the New York Times.
I try to stay out of most of the politics (I wish the politicians would stay out of economics but such is life)! grin
Here's the source article for the graphics above from the New York Times.
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