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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (226993)3/29/2005 6:40:28 PM
From: TimF  Read Replies (1) | Respond to of 1573221
 
You where not quoting facts presented by the CBO. You where quoting, and I replied to, interpretation of the facts presented by the CBO. That interpretation was done by the Center on Budget and Policy Priorities, not by the CBO.

The CBO does not say "CBO FIGURES INDICATE LOWER REVENUES, NOT HIGHER SPENDING, ACCOUNT FOR THE LARGE DEFICIT". Isaac Shapiro and Joel Friedman say that. And they are not stating fact but rather interpretation of fact. There is nothing wrong with that. Interpretation of fact is in many contexts more important than the raw data itself. But it is wrong, at least in the sense of being incorrect, and possibly in the sense of being dishonest, for you to present the interpretation of the Center on Budget and Policy Priorities as facts supported by the CBO.

You will find that tax revenue from individuals was down in '01, '02' and '03; up very slightly in '04.

In '01 we had a recession, and in 02 we had not yet had much of a recovery.

Tim