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There are reasons for thinking that the current economy might not reflect what has happened in the past. Certainly, the downturn in job growth is unprecendented. If our main means of predicting the future is the past, we're in a situation we haven't been in for quite a while.
Sure, the growth predictions might put us back on that 20 year slope, but that doesn't mean they're realistic as predictions. Morever, the administration never bothered to look at reality, and instead kept saying, "help is right around the corner!" They were just assuming of course. We don't have much evidence, but you know, the past does have a tendency to repeat itself.
The administration also did things like predict that, over a year, we will recover 2.6 million jobs. Hmm. Isn't that roughly the number of jobs we lost over the Bush years to date? Wouldn't it be convenient if we got back 2.6 million jobs? What a coincidence.
As far as I know, that IS how they make their predictions, as wrong as they've been. An ability to make educated guesses based on what's happening today is sorely lacking.
Is it their plan to keep putting out these predictions until they happen to be right? Then, when and if that happens, "We knew it all along! See, just like we said!" Sure, he's the president, and he has to be optimistic, but wouldn't it be honest of him to come out and say, "Look, I can't control the economy. Things might get a little worse before they get better, but I'm doing everything in my power to make things right."
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