Unfortunately, Alan Greenspan is almost certainly right this time. But given his incredibly bad track record, is there any reason that his forecasts should be news at this point?

–Dean Baker

Dean Baker is senior economist at the Center for Economic and Policy Research in Washington, D.C. He is the author of several books, including Rigged: How Globalization and the Rules of the Modern Economy Were Structured to Make the Rich Richer. Read more about Dean.