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Politics : The Trump Presidency

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To: i-node who wrote (66370)4/12/2018 7:45:41 PM
From: combjelly  Read Replies (2) of 362466
 
Dynamic scoring is pretty worthless. Kansas used it to predict the results of their tax cuts. Their dynamic scoring indicated that the tax cuts would result in significant windfalls for the state. Their model was so far off as to be laughable if the results weren't so dire.

The problem with dynamic scoring is that a reasonable model has to be generated as to the effects of the changes. And there just isn't a good, objective way to do it. Unfortunately, a lot of the economic theories that proponents of dynamic scoring want to use don't actually work in the real world. So their models are nothing like the real world.
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