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Politics : American Presidential Politics and foreign affairs

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To: DuckTapeSunroof who wrote (45476)	9/1/2010 12:36:29 PM
From: TimF	Read Replies (1) of 71588

Like I've said several times: you got a better* economic projection we can use?* Pointing out faults in such projection is useful and important even without a replacement. I expect the best way we can approach any such LARGE and WEIGHTY MATTER is assemble all* the best analysis side-by-side* The CBO isn't really providing analysis of the important question. They are not analyzing or estimating, "Did this policy help the economy and create jobs". They are assuming it does, and then working out the details of that assumption. But 'faith-based' (assuming results a priori) attacks don't carry much weight with me. Then you shouldn't care much for this particular CBO report, because that's what its providing. Sure its doing it in a sophisticated way with a lot of numbers, but at its core its assuming (having faith in) the idea that different categories of government spending have different specific multipliers, that they are all positive multipliers, and that they are mostly above 1. (Well technically the CBO report is not a faith based attack, since the it isn't an attack, but "faith based" fits, even if it wouldn't be my choice of terminology.)

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