Just this past Thursday, Christina Romer, a

top economic adviser to the President, revealed a gloomy forecast. She is an expert on the Great

Depression and an accomplished academic, so naturally you should consider her words prophecy…right?

Maybe.

She said that the unemployment rate would rise to 10.1% and then dip back down to

around 9.4% at the END of 2010. That’s a loooong time to keep extending those unemployment

benefits. I mean, what do you say to the people who are currently unemployed? “Hey, guess what

you’re gonna be doin’ next November…Nothin’ sucka! Back on the breadline!” Although, I do

think depression counselors and suicide hotlines will experience moderate to high growth in the next

few quarters…so not everyone loses.

She also said the stimulus had done most of its

stimulating, even though only 15% of it was spent so far. So much for the Keynesian revolution.

This is quite strange since the White House has said that the economy would resurrect in “fits and

starts.”

All of these scary predictions are totally apropos, as Halloween is just around the

corner…