Active Users:1133 Time:22/11/2024 10:57:53 PM
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

View original post
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?


Reply to message
President Obama and Defense Secretary Hagel take pay cuts to lessen impact of sequester - 03/04/2013 09:47:45 PM 723 Views
The sequester was Obama's idea, so he should CYA. - 04/04/2013 12:16:59 AM 529 Views
The US economony only lost 3.1 percent between 2008 to 2009 - 04/04/2013 03:55:05 AM 561 Views
We do need to cut, cut, cut... - 10/04/2013 03:38:45 PM 659 Views
I don't care about any quantities under a million - 04/04/2013 03:40:25 AM 490 Views
the president can't pass a budget you know.... - 04/04/2013 04:45:38 AM 502 Views
No, but he is required by law to submit one, and he has not. - 05/04/2013 06:10:24 PM 525 Views
good job getting your analysis from right wing media and pushing the lies they tell you - 05/04/2013 07:04:05 PM 651 Views
good job on displaying more of your ignorance or willful blindness - 06/04/2013 03:34:27 PM 511 Views
quoting from the second article you linked..... - 06/04/2013 04:23:48 PM 477 Views
*SIGH* - 07/04/2013 12:58:12 AM 559 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 249 Views
Yes we need to cut hundreds of billions of dollars - 06/04/2013 03:17:01 AM 485 Views
Not really - 06/04/2013 03:54:56 PM 485 Views
as long as debt and/or deficit is less than GDP they are manageable - 06/04/2013 04:30:42 PM 616 Views
Deficits - 07/04/2013 01:13:41 AM 481 Views
Deficits are a big deal with times are good - 07/04/2013 03:40:36 AM 496 Views
Re: Not really - 07/04/2013 03:29:59 AM 766 Views
You do know why we use 10 year time periods with cbo numbers right? *NM* - 06/04/2013 03:17:41 AM 267 Views
Yeah, so they can claim a dime of imaginary savings is a dollar. *NM* - 06/04/2013 03:37:39 PM 246 Views
No anything past 10 years in projections are a joke. - 07/04/2013 03:02:32 AM 545 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 279 Views

Reply to Message