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Politics : Impeach George W. Bush -- Ignore unavailable to you. Want to Upgrade?

To: TigerPaw who wrote (21387)	6/13/2003 4:10:40 PM
From: Lazarus_Long	Read Replies (1) \| Respond to of 93284

WOW! YOu're quick! You read and analyzed that faster than I could read it! Or does this mean that that sad excuse you call a "mind" does not care to read anything that might contradict its preconceived conclusions? The CBO published its "data" without fully disclosing its methods. It took two years of heroic detective work by Christopher Frenze, then a minority staff member of the Joint Economic Committee of Congress, to uncover the technical errors and deliberate distortions that underlay the CBO numbers. Frenze, who is now a senior economist on the staff of the Joint Economic Committee, published a series of papers that exposed the CBO's manipulations.17 When the CBO's methods were revealed, it was unable to defend them.18 First the CBO distanced itself from the estimates of enormous income gains by the top 1 percent. Later it abandoned its most popular and defective family income data, including measurements used to portray family incomes in a manner inconsistent with Census Bureau data.

To: TigerPaw who wrote (21387)	6/13/2003 6:07:26 PM
From: TimF	Read Replies (1) \| Respond to of 93284

Economics is not a zero sum game. If the rich have a larger share of the pie it doesn't mean the poor are worse off, because the pie has grown over the years. In any case the article showed that the slice the rich are getting is not large by historical standards even if it is now higher then it was a decade or two ago. while the money itself is diluted by debt and inflation. Is it your contention that the country has not been growing wealthier over the decades? Do you think that the inflation adjusted per capita GDP growth since say 1960 can be explained way by debt, or fudged statistics? Tim