Latest Romer Curve

As we have been doing for the past year and a half we track the Romer values to reality. And as usual her estimates reflect little of reality and again clearly demonstrate the inability of macro-economists to predict anything.



















The above is the actual to projections with and without the Stimulus of almost a trillion. Clearly it is still much worse than doing nothing. Either her logic and models are utter nonsense or the Stimulus is the wrong spending of money.



















The above are the errors in percent of her projections from reality. Quite substantial and no closing of the gap.