In 1999 this dipshit wrote about the DOW hitting 36000 and then the market crashed and the dow didn't reach 36000 until 2021. So yeah I'm sure everything is going to be fine.
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Yup. He predicted 2004 -- was only off by 17 years. Sort of like predicting in 1917 that WWII would start in 1922. Such a display of brilliance is why he's in the Trump administration.
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https://www.nytimes.com/2020/05/06/business/coronavirus-white-house-economists.html