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In other words, BS+BS-BS = BS
1 posted on 01/07/2011 12:03:32 PM PST by RC one
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To: RC one

A good piece tarnished by this bit of historical revisionism at the end: “more than what the CBO estimated back in the 1960’s.”

The CBO was created in 1974. The Medicare mis-estimators were in the Social Security Administration. In terms of economic forecasting, CBO actually has a better track record than OMB, but the writer is correct that it’s a GIGO system. The $143 “savings” is an artifact of assumptions already proven to be false.


2 posted on 01/07/2011 12:31:25 PM PST by DrC
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To: RC one

I call it “Garbage In-Garbage”.


3 posted on 01/07/2011 12:31:59 PM PST by screaminsunshine (Beware the Big Government Media Complex)
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To: RC one
In other words, BS+BS-BS = BS

Bingo. Typical Democrat nonsense.

4 posted on 01/07/2011 12:35:09 PM PST by MEGoody (Ye shall know the truth, and the truth shall make you free.)
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To: RC one

bump


5 posted on 01/07/2011 3:20:29 PM PST by lowbridge (Rep. Dingell: "Its taken a long time.....to control the people.")
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To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; bigheadfred; ColdOne; ...

thanks RC one.

additional:
http://www.freerepublic.com/focus/news/2653130/posts


6 posted on 01/07/2011 7:02:47 PM PST by SunkenCiv (The 2nd Amendment follows right behind the 1st because some people are hard of hearing.)
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