“Off the Chart” talks about how recent unemployment rate predictions turned out to be way off the mark. The reason: “Reality has produced numbers of its own.”
And that’s the problem with projections. Reality is a terrible collaborator. No matter how much you try to work with it, it has a mind of its own. And it never listens to you.
Plus, it’s easier to be a cheerleader than a doomsayer — especially when you have a vested interest in the outcome. That’s how people wind up in an overly optimistic fantasy world. No one ever submits a business plan to an investor that says, “This probably isn’t going to work.”
Next time you see someone with a plan or chart with made up projections, imagine it also contains unicorns and dragons. It might as well.