Why Predictions are Usually Wrong

Surveys show that forecasts of the future economy made about 25 years ago were usually proven wrong almost without exception. So why do we accept opinions of all the purveyors of future prognostication?

 One prediction ought to be a sure thing for the future of America. Inflation, brought on by unprecedented budget deficits. Deficits that cannot produce a viable economy, especially if politicians look to taxation as a means of reducing them.

 Deficits have never been reduced by taxation before, (See the Earl J Weinreb NewsHole® comments.)