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The 'Two Nations' Outlook: Real GDP And Unemployment
By: Brad DeLong   Friday, October 23, 2009 12:38 PM

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From Christy Romer's JEC testimony:

My hunch is that both real GDP growth and unemployment are likely to be somewhat higher than today's blue-chip forecast predicts.

Two nations; between whom there is no intercourse and no sympathy; who are as ignorant of each other's habits, thoughts, and feelings, as if they were dwellers in different zones, or inhabitants of different planets; who are formed by a different breeding, are fed by a different food, are ordered by different manners, and are not governed by the same laws...


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