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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (46275)	9/29/2010 7:57:16 PM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 71588

You seem lost in a time warp. Those three Bush administration era economic projections (CBO, GAO, and Trend Macrolytics - the "dynamical" Lafer Curve projection) all happened in the FIRST one and two years of Bush's FIRST TERM. And the outside time horizon (maximum time span) they projected GNP for was ten years out. AND ALL THREE clearly showed that GNP, Employment, and government revenue would be LOWER by five years into their projected period (UNLESS HE CUT SPENDING to off-set his forgone tax revenues!) and the deficits would be HIGHER... and that by the end of the ten years ALL OF THOSE TRENDS would be much worse. Which they were. Exactly as predicted.