In principle, university-based economists are supposed to be a source of independent, science-based, predictions. Presumably, that’s what the UCLA forcast is supposed to be all about. In fact, if you read Thornberg’s opinion from almost exactly year ago (8.26.05), his tone is radically different from the boosterism of Nevin, Gin, or Appleton-Young. Here is one example: http://www.pbs.org/now/politics/thornberg.html
Now, the question is why independent economists from the many San Diego universities (UCSD, SDSU) do not provide more sane voices, and leave it to Alan Gin (UofSan Diego)?