Anything past 1 year is a joke/lie becuase the next Congrees will do what it wants regardless. *NM*
HyogaRott Send a noteboard - 07/04/2013 03:08:39 PM
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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.
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?
President Obama and Defense Secretary Hagel take pay cuts to lessen impact of sequester
- 03/04/2013 09:47:45 PM
825 Views
Well, it's more of a CYA-against-bad-press symbolic gesture than an impressive one.
- 03/04/2013 10:15:40 PM
718 Views
considering that nobody in Congress is losing pay or their job, it's a good precedent IMHO
- 03/04/2013 10:43:45 PM
552 Views
I don't care about any quantities under a million
- 04/04/2013 03:40:25 AM
580 Views
the president can't pass a budget you know.... 
- 04/04/2013 04:45:38 AM
607 Views
- 04/04/2013 04:45:38 AM
607 Views
No, but he is required by law to submit one, and he has not.
- 05/04/2013 06:10:24 PM
620 Views
good job getting your analysis from right wing media and pushing the lies they tell you
- 05/04/2013 07:04:05 PM
760 Views
good job on displaying more of your ignorance or willful blindness
- 06/04/2013 03:34:27 PM
607 Views
They need to cut hundreds of billions, not millions; and not over a fake 10 year period either. *NM*
- 05/04/2013 06:13:37 PM
290 Views
yes, because everyone knows the way out of recession is to prevent job creation 
*NM*
- 05/04/2013 07:04:49 PM
307 Views
*NM*
- 05/04/2013 07:04:49 PM
307 Views
Federal spending can not create real, sustainable, job growth. *NM*
- 06/04/2013 03:39:52 PM
323 Views
it doesn't have to, that's why they call it "stimulus" *NM*
- 06/04/2013 04:08:04 PM
314 Views
Yeah, and I can call your mama, your daddy, but it don't change who they are. *NM*
- 07/04/2013 01:15:05 AM
306 Views
Yes we need to cut hundreds of billions of dollars
- 06/04/2013 03:17:01 AM
592 Views
Not really
- 06/04/2013 03:54:56 PM
582 Views
as long as debt and/or deficit is less than GDP they are manageable
- 06/04/2013 04:30:42 PM
722 Views
You do know why we use 10 year time periods with cbo numbers right? *NM*
- 06/04/2013 03:17:41 AM
303 Views
Yeah, so they can claim a dime of imaginary savings is a dollar. *NM*
- 06/04/2013 03:37:39 PM
286 Views
No anything past 10 years in projections are a joke.
- 07/04/2013 03:02:32 AM
643 Views
Anything past 1 year is a joke/lie becuase the next Congrees will do what it wants regardless. *NM*
- 07/04/2013 03:08:39 PM
314 Views
Ya know, semi-tangent but I just had an amusing notion about elected official pay
- 10/04/2013 07:12:56 PM
643 Views
it would require a constitutional amendment, but i think we could get it to pass.... *NM*
- 10/04/2013 11:24:26 PM
307 Views