Obama Administration Making the Banker's Error
But Obama was elected on the idea of a change in the past and some respect for the truth ... at least, that is the marketing angle his staff used. The only way to escape the danger of the overly optimistic is to use a range of scenarios: good, realistic, and bad. The bad one has to be really bad, take into account the worst that could happen. The realistic should be just that. Presenting only one scenario that tends toward the optimistic is to whistle past danger. To do what has been foolish in the past only continues the foolishness.