Another failed promise that is blamed on the rank and file for showing too much optimism! What about a more refershing statement such as "We were wrong, had no idea then and still have no idea now...."
That reminds me: What do you call a Deer with no eyes? No idea... A deer with no eys & no legs? Still, no idea... A deer with no eyes, no legs & no penis? Still no f*%#ing idea....