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Politics : Formerly About Advanced Micro Devices

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To: Alighieri who wrote (833912)2/3/2015 1:41:35 PM
From: Tenchusatsu  Read Replies (2) of 1576881
 
Al,
On costs, have you seen the most recent CBO projections?

The CBO dropped its original forecast of ObamaCare reducing deficits:

thefiscaltimes.com

But then again, the original "forecast" was never meant to be taken as gospel, yet the Democrats went all over the place shoving it into everyone's faces. I remember you were doing the same, claiming that the "non-partisan" CBO's figures cannot be challenged.

Since then, there have been so many changes to the law coming from all sides including the White House (so you can't blame this one on those oh-so-evil Republicans) that the original projections cannot be relied upon. Even the latest update from April 2014 can't be taken seriously because they still make the same assumptions that are already being tossed out the window.

In short, it's a Gruber effect. Make wild ass claims based on projections that have little chance of holding, then deny any responsibility when those claims don't turn out to be true. It's intentionally misleading the public.

Tenchusatsu
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