There’s the old saying, attributed to George Bernard Shaw, that if all the economists were laid end to end they still wouldn’t reach a conclusion.
While clever, I don’t think it’s always true. You’d be hard-pressed to find an economist today who thinks the recovery from the recession is going swimmingly (though you could certainly find ones who disagree on how to manage that recovery).
I’m ready for more dire predictions this morning as I join that annual pilgrimage of business people, students, policy wonks and journalists to the University of Southern Maine campus to hear Charlie Colgan, former chair of Maine’s Consensus Economic Forecasting Commission and a professor of public policy and management at USM’s Muskie School of Public Service, offer his predictions for Maine’s economy over the next few years.
I’ve had a look at Charlie’s presentation beforehand, and while nothing immediately jumped out at me as a game-changing piece of economic forecasting I’m sure there is plenty I’ll learn.
I’ll report on his predictions later today, so check the BDN’s Business page for updates.