Ghassan Khatib Quotes
The problem with predictions is that so much of the future depends on external factors.
Ghassan Khatib, Commentator & Minister of Labor, Palestinian Authority, Bitterlemons.org, "Israel and Palestine after Israel's elections and after Iraq”, December 23, 2002
Sourced by: Eigen's Political and Historical Quotations
Despite this reality, most politicians, if they have the resources and high enough position, surround themselves with experts to advise them and then listen to them to take positions in campaigns or advise them on policy making if they are in office.
He is absolutely right, but unfortunately made this statement several years after he served as the Fed Chairman. He never made a statement like this when he and his colleagues made their policies based on their economic forecasting. Central bankers have generally felt that one of their jobs was to give the people confidence in the nation’s banking system and economy and the admission that much policy making was based on “coin toss” forecasting.
Ghassan Khatib (Arabic: غسان الخطيب) (1954- ) is a Palestinian politician. He was born in Nablus, in the West Bank, and is a member of the Palestinian People's Party. Khatib is married with three children. He was also a member of the Madrid Peace Delegation in 1991 and was involved in the Washington negotiations from 1991 to 1993. He was appointed the Palestinian National Authority Minister of Labor in 2002, then the Planning Minister in 2005-06. He is currently Director of the Government Media Centre.
