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


To: TimF who wrote (956540)8/19/2016 10:35:28 AM
From: combjelly  Read Replies (1) | Respond to of 1574888
 
The static projections are in a sense an estimate that the dymanic effects are zero, which is pretty much always wrong. Dynamic estimates by politicians (at least those proposing tax cuts, and in other areas by those promoting more spending as stimulus or positive effects for most other things politicians do or want) are usually too optimistic, but zero is just silly.

It isn't silly if that is the observed results. Reality can be a bitch that way.

What is the long run? Decades? Centuries? Brownbackistan has been running their experiment since 2011. If anything, things have gotten worse, year over year. When do things turn around? More importantly, when do things turn around so that Kansas is better off than they would have been? They have lost a lot of ground over those 5 years. There are no signs of the pain even slowing down, so things will likely deteriorate for another few more years. That means they will be bumping up against a decade of pain. Unless things suddenly start taking off like a skyrocket, a skyrocket that has been fizzling for 5 years, it could take decades to get a net plus. Maybe a century. And that is assuming it ever yields a net benefit.