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No anything past 10 years in projections are a joke. Roland00 Send a noteboard - 07/04/2013 03:02:32 AM

So if your projections assume 4% growth but in reality only get 3% growth, over 10 years your projections would be off by 14%. Anything projections past 10 years are bullshit.

Here is a some lines from the west wing...


CUT TO: INT. HALLWAY - CONTINUOUS

BARTLET: I don't really need to see the ten-year numbers.
STAFFER: We think it'd be a good idea to take a look at them, sir.
BARTLET: Have the ten-year projections ever been close to accurate?
STAFFER: Depends on what you mean by 'close'.
BARTLET: Within a trillion dollars.
STAFFER: No, sir, but we'd like you to take a look at them anyway.
BARTLET: Okay. Bring me the ten-year projection, a Ouiji board and a magic wand.
STAFFER: Yes, sir. Thank you, Mr. President.

Bartlet enters the OUTER OVAL OFFICE.

BARTLET: What's next?

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President Obama and Defense Secretary Hagel take pay cuts to lessen impact of sequester moondog - 03/04/2013 09:47:45 PM 725 Views
Well, it's more of a CYA-against-bad-press symbolic gesture than an impressive one. Burr - 03/04/2013 10:15:40 PM 614 Views
considering that nobody in Congress is losing pay or their job, it's a good precedent IMHO moondog - 03/04/2013 10:43:45 PM 466 Views
The sequester was Obama's idea, so he should CYA. Anonymous2000 - 04/04/2013 12:16:59 AM 531 Views
The US economony only lost 3.1 percent between 2008 to 2009 Roland00 - 04/04/2013 03:55:05 AM 563 Views
We do need to cut, cut, cut... callandor1000 - 10/04/2013 03:38:45 PM 661 Views
I don't care about any quantities under a million Roland00 - 04/04/2013 03:40:25 AM 492 Views
the president can't pass a budget you know.... moondog - 04/04/2013 04:45:38 AM 503 Views
No, but he is required by law to submit one, and he has not. HyogaRott - 05/04/2013 06:10:24 PM 526 Views
good job getting your analysis from right wing media and pushing the lies they tell you moondog - 05/04/2013 07:04:05 PM 652 Views
good job on displaying more of your ignorance or willful blindness HyogaRott - 06/04/2013 03:34:27 PM 513 Views
quoting from the second article you linked..... moondog - 06/04/2013 04:23:48 PM 478 Views
*SIGH* HyogaRott - 07/04/2013 12:58:12 AM 560 Views
They need to cut hundreds of billions, not millions; and not over a fake 10 year period either. *NM* HyogaRott - 05/04/2013 06:13:37 PM 250 Views
yes, because everyone knows the way out of recession is to prevent job creation *NM* moondog - 05/04/2013 07:04:49 PM 261 Views
Federal spending can not create real, sustainable, job growth. *NM* HyogaRott - 06/04/2013 03:39:52 PM 288 Views
it doesn't have to, that's why they call it "stimulus" *NM* moondog - 06/04/2013 04:08:04 PM 276 Views
Yeah, and I can call your mama, your daddy, but it don't change who they are. *NM* HyogaRott - 07/04/2013 01:15:05 AM 259 Views
Yes we need to cut hundreds of billions of dollars Roland00 - 06/04/2013 03:17:01 AM 487 Views
Not really HyogaRott - 06/04/2013 03:54:56 PM 487 Views
as long as debt and/or deficit is less than GDP they are manageable moondog - 06/04/2013 04:30:42 PM 617 Views
Deficits HyogaRott - 07/04/2013 01:13:41 AM 483 Views
Deficits are a big deal with times are good Roland00 - 07/04/2013 03:40:36 AM 498 Views
Re: Not really Roland00 - 07/04/2013 03:29:59 AM 767 Views
You do know why we use 10 year time periods with cbo numbers right? *NM* Roland00 - 06/04/2013 03:17:41 AM 267 Views
Yeah, so they can claim a dime of imaginary savings is a dollar. *NM* HyogaRott - 06/04/2013 03:37:39 PM 247 Views
No anything past 10 years in projections are a joke. Roland00 - 07/04/2013 03:02:32 AM 547 Views
Anything past 1 year is a joke/lie becuase the next Congrees will do what it wants regardless. *NM* HyogaRott - 07/04/2013 03:08:39 PM 279 Views
Ya know, semi-tangent but I just had an amusing notion about elected official pay Isaac - 10/04/2013 07:12:56 PM 553 Views
it would require a constitutional amendment, but i think we could get it to pass.... *NM* moondog - 10/04/2013 11:24:26 PM 266 Views
I'm not sure it would, it could be made voluntary too Isaac - 10/04/2013 11:41:54 PM 520 Views
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