[Former Proud Canadian]

Models, at best, can only give you a rough idea of future trends in economics.

The reality of 330,000,000 people making independent decisions in their own self interest will frustrate the best model.

[Elsiejay]

“Models, at best, can only give you a rough idea of future trends in economics.”

But, models have been so very effective in convincing many that the temperature of Earth’s atmosphere is becoming warmer and warmer, dangerously warmer. Not accurate, but effective.

[jdsteel]

“Models, at best, can only give you a rough idea of future trends in economics.”

That’s because models only know how to walk on a runway and be way too skinny so the clothes they wear look a certain way. They are also sketchy at predicting very long weather traits (global warming) because they are so skinny they are cold all of the time.

They are, however, more accurate with their predictions than the computer models these jerks use.

[voicereason]

Models, at best, can only give you a rough idea of future trends in economics.

At best, a model will only give you a range between which you can anticipate an outcome. And even then, it will still have an inherent level of inaccuracy. For a group (economists) that like to tout statistics, they sure seem to be lacking in understanding of the limitations of statistics.