A year after I posted the “with and without stimulus” economist projection, it’s interesting to see how things have actually panned out.
What expert economists said they expected:
What actually happened:
You can see that the projection was that we’d peak at around 8% unemployment, with the stimulus that was proposed. A much smaller stimulus was put into place, and it peaked about 10% instead. But, the projections also said we’d see see a plateau and reduction in unemployment right around the beginning of 2010, and we did. So, it’s been a bit worse than projected, but it’s turning around right on schedule. Of course, it’s still too early to see if this plateau is done and we’re actually recovering, or if we’re just going to plateau until the end of 2010, which would be what was projected to happen without any government intervention. That would suck.
Fans of the unfortunately-named iPad got another piece of bad news today: Netflix won’t be on it.
So, not only can’t you get any Flash-based web sites (um, most streaming video including Hulu), you also can’t get Netflix (the biggest streaming video supplier). I know Apple really likes having their own little walled garden, but this is getting silly.
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