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Politics : Formerly About Advanced Micro Devices

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To: J_F_Shepard who wrote (623504)8/8/2011 5:43:47 PM
From: TimF  Read Replies (1) of 1578501
 
The Congressional Budget Office, an independent agency, considers these estimates to be conservative."

Garbage in Garbage out. The CBO calculations assume a multiplier of over one. They assume that if you spend X the economy improves by Y. Then they run the calculations with these assumptions built in, and surprise, if you assume government spending helps, then your conclusion is that government spending helps...

X
Therefore X
isn't much of an argument.
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