Economist predicts turnaround. But that’s not what caught my eye here.
BENTONVILLE — New residents will move into new and vacant houses and Northwest Arkansas will return to the “spectacular kind of growth we were known for” in the early part of the decade, once the recession is over.
That was the message economist Jeff Collins of Streetsmart Data delivered to an audience of hundreds at the Bentonville/Bella Vista Chamber of Commerce banquet Thursday night.
The country has been in a recession since December 2007, Collins said, but economists did not want to be accused of being political. They didn’t acknowledge the recession until after the presidential election.
Hmmmmm. An economist formerly in the employ of the Walton School of Business at Walton University in South Waltonville (and still trolling the waters of Waltonopolis in the state of Republandia) saying economists didn’t want to call a spade a spade because it might look bad for the then-Republican administration? Surely I misread.