Optimisitic Prediction

Many saw Krugman on "This Week With George Stephanopoulos" predict that the economy could contract by the end of 2010.

Bloomberg's has economist Dean Maki predicting that 2010 will be all clear sailing.

So who do we believe.

At this point the best tactic in my opinion is to keep your eyes and ears on the day by day indicators. In other words keep in steady contact with the available news sources, especially the superior news sources. The other alternative is to formally become an economist but you might not have enough time.

Bloomberg: Economy Poised for Surge as Most Accurate Economist Sees U.S.

The world’s largest economy will expand 3.5 percent in 2010, according to Maki, the chief U.S. economist at Barclays Capital Inc. in New York. The rebound in stocks and rising incomes will prompt Americans to do what they do best --consume...

Household spending “will pick up steam as we move into the second half of 2010...