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Politics : Formerly About Advanced Micro Devices
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To: Road Walker who wrote (493796)7/9/2009 3:37:53 PM
From: TimF  Read Replies (2) of 1572503
 
In the context of the whole conversation, whether or not Bush used slight of hand for future budget projections doesn't matter much, since the conversation was about comparing actual Bush deficits with projected Obama deficits.

Also Bush was as likely to use slight of hand to show larger projected future deficits (so he could claim he "shrunk the deficit", when realistically he did no such thing.

Obama's also using slight of hand, in his projections, that's pretty normal. I would consider the CBO projections more reasonable, but really no projection will be very solid. The only thing we know for sure is that we are in for very large deficits for years to come.
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