SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Alighieri who wrote (608128)4/18/2011 11:13:31 AM
From: i-node  Read Replies (2) | Respond to of 1583680
 
>> You forget that the CBO had estimated a surplus of nearly 5T for the next decade..

The partisan CBO "projects" lots of things. And they never, EVER are even close.

CBO didn't realize that there would be a recession at the end of the Clinton years, or that there would be a 9/11, or that we would have to go to war, or that Obama would enact sweeping health care reform that massively increased cost, or that the democrat-caused housing crisis would send our economy into a tailspin for years.

CBO doesn't exactly have a great track record, so pardon me if I totally discount their "projections"....