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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: combjelly who wrote (66501)	4/13/2018 12:15:45 AM
From: i-node	Read Replies (1) \| Respond to of 362461

>>Static analysis requires less guesswork This is crazy. Would you recommend it in the study of weather systems? In the study of any other complex, nonlinear system? You do the best you can do, and it easy enough to correlate tax cuts with thei economic consequences. It is what the entire field of econometric is about. The reason CBO has changed to scoring dynamically, at least partially, is that it recognized it could provide better estimates than the horrible estimates they’ve concocted in the past. Perhaps the ACA embarrassment was just too much.

To: combjelly who wrote (66501)	4/13/2018 1:25:48 PM
From: TimF	Read Replies (1) \| Respond to of 362461

Static analysis requires less guesswork Guessing "zero", is just as much of a guess as guessing any other figure. it is generally going to be the most conservative. That much I agree with. The tax cut would have to be structured in a particularly perverse way in order to have the lost revenue be worse than what a static projection would suggest. A static projection will be rather conservative. It serves as a good estimate of the worst case for lost revenue.