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


To: Tenchusatsu who wrote (585916)9/16/2010 7:22:00 PM
From: steve harris1 Recommendation  Respond to of 1574199
 
The CBO provides analysis based upon numbers fed them by the politicians or the White House.

Garbage in, garbage out...

We need to all come together....
:)

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To: Tenchusatsu who wrote (585916)9/17/2010 8:38:47 AM
From: Alighieri  Read Replies (2) | Respond to of 1574199
 
The problem comes when people, especially politicians, the media, and political bloggers, start accepting the CBO estimates as if they're unassailable "facts."

No grasshopper...the problem comes when partisans who don't like the data being presented assail it as garbage, but don't have a better method of estimating the data...I see you doing that all the time.

I see you doing that all the time.

All I did was to post it and allow that the CBO did the best they could with the problem.

The truth is that no one can say for certain just how much of an overall difference "stimulus" had on the economy. In certain cases, like Cash for Clunkers and the home buyers' credit, sales for cars and homes respectively have gone up when the stimulus took effect, only to fall back to pre-stimulus levels after the assistance program ended. It can be argued that all "stimulus" did was pull forward purchases of cars and homes.

Finally a rational argument, unlike the "read entrails of carcasses" one made by Tim.

Al