Ed Abraham says:

“As I've stated before, I never proclaimed to be a prognosticator (although Pike for whatever reason refuses to accept this point) of the economy. It's just that things were going good when I said they were good, that's all.”

But things most certainly were not going good, Ed.  The housing bubble was bursting underneath your ignorant feet, even as you typed your articles.  You could just as well have been the skipper of the Hindenburg, commenting on how nice the weather was.

Not a prognosticator?  That’s BS and you know it.  How about your quote from The Truth About Tax Cuts :

“In addition, the federal deficit for the period, which was over $98 billion last year was cut to just over $42 billion, a 57% decline. Still, the deficit for the full fiscal year is forecast at $240 billion. The longer term outlook is looking even more favorable. The Congressional Budget Office, in fact, is projecting a break even status by 2011 and an actual surplus for the 2012 year.”

These are prognostications, Ed.  If you didn’t buy into these projections from the CBO, you wouldn’t have put them into your article.   If things had turned out differently, you would most certainly have claimed that you were prescient in your economic predictions.  But the sad fact is, the deficit is now approaching $1 Trillion, and there will be no surplus in 2012, or 2013, or 2014.

Face it Ed.  You’re just a partisan spin-doctor, with a merely superficial understanding of economics.  That’s not a crime… it’s just funny, that’s all.

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