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Looking Ahead to 2006

by Flexo on December 28, 2005

in Economy

Yahoo Finance is presenting a feature on the 2006 outlook. The intent of the numerous articles within the feature is thwarted by the first sentence in the first article: “Don’t believe anyone who claims to know.”

We’ve reached a difficult and puzzling fork in the economic road. In one direction lies the ugly prospect of a housing bust, leading to a collapse in consumer spending and ultimately a recession. In the other direction is the much more appealing vision of continued solid growth…

Now that we’ve concluded that anything can happen and nobody knows, we can predict more jobs and better pay. I suppose there’s nowhere to go but up, so this prediction doesn’t require a crystal ball.

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About the Author

Flexo, the owner and creator of Consumerism Commentary, has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about him and follow him on Twitter.

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