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Politics : American Presidential Politics and foreign affairs
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To: TimF who wrote (25893)2/8/2008 7:13:05 PM
From: DuckTapeSunroof  Read Replies (1) of 71588
 
Same original question: Does that *exclude* sovereign (foreign) ownership in it's definition of 'the public'????????

Re: "The evidence I provides was the incidents...."

Like I said: EVERY decade has plenty of 'incidents'. <ggg>

Re: "Its not detailed analysis of the costs...."

My point exactly....

Re: "But they are presenting opinion, not specific fact."

They (The non-partisan Congressional Budget Office, the White House's Office of Management and Budget, and the private econometrics firm specifically hired by the WH to run an economic projection of the President's proposals incorporating 'Laffer Curve' assumptions) were running detailed economics models of the United States of America's national economy, factoring into the models the proposed government policy changes (taxes, spending, etc.)

It may have been 'opinion' in 2002 when they were predicted results... but that has long been supplanted by the ACTUAL RESULTS of history (since all three economic analysis ran their projections only up to around the middle of this decade).

What was an impressive degree of commonality back in 2002, to have THREE completely different and highly complex economic modeling efforts from three different (two government, one private) organizations produce essentially identical projected results... has become even more impressive with the benefit of hindsight, as their projections have played-out with a remarkable degree of accuracy.

As they predicted: all net benefits to the national economy produced from Bush's modest tinkering with the tax codes have become overcome by the larger harm to the economy by the tide of red ink, and the interest costs (and bias to interest rates) occasioned by the federal deficts.

Re: "I disagree with their opinion."

You could disagree with their 'opinions' back in 2002, when they were 'just projections from computer modeling'. Now though, you will have to take issue with the actual documented economic results....
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