Bias, laziness and fear — why can’t today’s economists get it right?

Opinion>Opinions - Finance The views expressed by contributors are their own and not the view of The Hill Bias, laziness and fear — why can’t today’s economists get it right? Comments: by Gene Marks, opinion contributor - 05/19/26 8:00 AM ET Comments: Link copied by Gene Marks, opinion contributor - 05/19/26 8:00 AM ET Comments: Link copied Getty Images Economists were wrong about inflation. They were wrong about tariffs. They were wrong about GDP growth and recessions and jobs and the labor market. But that doesn’t stop them. As I write this, more than a few economists are predicting an economic downturn for this year. Some are saying there will be a “very significant” recession in 2027. They’re probably wrong about that, too.

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