Somebody could use a new crystal ball. Now that the federal government is playing an ever larger role in the economy, a look at Washington's track record seems to be long overdue. The recent release of the Federal Reserve Board's transcripts of its deliberations back in 2007 shows that their economic prophecies were way off. How much ... MOREThomas Sowell: Prophets And Losses
Somebody could use a new crystal ball. Now that the federal government is playing an ever larger role in the economy, a look at Washington's track record seems to be long overdue. The recent release of the Federal Reserve Board's transcripts of its deliberations back in 2007 shows that their economic prophecies were way off. How much ... MORE