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July 6, 2009

Opinion Leader Question

-- by Dave Johnson

Opinion leaders and economists have been SO wrong for SO long I wonder ... do the ones living in, say, Ohio, Michigan, Colorado -- somewhere other than New York, SF, DC or LA for example -- have better records? I suspect they do, because they are outside of the bubble where the people they see every day have high incomes and are not particularly affected by the economy except maybe "their 401K" is down.

In fact, they live in a world where people even HAVE 401Ks and think everyone does.

Posted by Dave Johnson at July 6, 2009 9:15 AM


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