Is anyone else hearing an ad on Rush’s show for some “Secret Income” scheme, in which the ad claims that Obama is “tapping into an income stream” that yields him over $72K a month?
The CBO estimates are only as good as the assumptions that are built into the model. The CBO is not allowed to define the assumptions. They come with the request.
Democrat economic models FAIL EVERY TIME because they always fail to recognize that people adjust all manner of behaviors based on changing economic circumstances.
Income projections from taxes and fees ALWAYS fall short because Democrats assume that the producers will continue to produce at X level even as government confiscates more of their hard earned wealth.