This 1998 comment from Paul Krugman is currently in the lead for the Dick Morris Award, “given for stunningly wrong political, social and cultural predictions”:
The growth of the Internet will slow drastically [as it] becomes apparent [that] most people have nothing to say to each other…. By 2005 or so, it will become clear that the Internet’s impact on the economy has been no greater than the fax machine’s
Only about five points behind is Paul Ryan, who predicted this September 18, 2013:
Oh, nobody believes [Obama’s vows to not negotiate on raising the debt ceiling]. Nobody believes that. He himself negotiated Bowles Simpson on the debt limit with Democrats. That was Kent Conrad’s requirement. He himself negotiated the Budget Control Act with the debt limit. Graham Rudman. Bush Andrews Airforce Base. Clinton Gore ‘97. All of those major budget agreements were debt limit agreements. I see this time as no different and I believe he does too. I think most people believe he’s just posturing for now.
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