Senior Economist David Littmann was the keynote speaker at the Troy Chamber of Commerce’s annual breakfast Thursday, according to the Troy Patch.

“We’ve at least bottomed out and have a chance to be on a growth path,” Littmann said in his economic forecast. “We still have an economy that’s super vulnerable to internal and external shocks, and it’s true that a national election year like 2012 traditionally witnesses literally maniacal efforts at fiscal and monetary policy stimulation.”

Littmann also warned about “unfunded long-term liabilities” and the fact that entitlement programs are “fundamentally broke.”


Related Articles:

State Economic Outlook from David Littmann

Littmann Testimony on SB 402

Will Legislature Keep Tax Cut Promise?

State Revenue Estimating Conference Needs Better Estimating

Share More …