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1 posted on 04/20/2018 7:32:05 AM PDT by SeekAndFind
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To: SeekAndFind

The CBO figures more closely remind me of Leftist propaganda.


2 posted on 04/20/2018 7:35:31 AM PDT by DoughtyOne (01/26/18 DJIA 30 stocks $26,616.71 48.794% > open 11/07/16 215.71 from 50% increase 1.2183 yrs..)
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To: SeekAndFind

Companies hire accountants to manage income and expenses and to plan for future operations. If the accountants do a bad job, the company goes bankrupt and likely ceases to exist. Therefore, companies take this seriously, and they try to hire good accountants.

The US government cannot go bankrupt and is unlikely to go out of businesses. The CBO is an activist organization which simply exists to persuade people to adopt a certain political agenda. It doesn’t matter if they are right or wrong.


3 posted on 04/20/2018 7:36:10 AM PDT by ClearCase_guy
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To: SeekAndFind
This criticism of the Congressional Budget Office is very unfair. The CBO is very careful! They use only the most advanced mathematical models to make their predictions.


4 posted on 04/20/2018 7:46:45 AM PDT by Leaning Right (I have already previewed or do not wish to preview this composition.)
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To: SeekAndFind

Director of CBO is a Republican. And the increase in the growth estimate after the Jan 2016 estimate was a response to the policy changes put in place by the Republican congress last year, signed by Trump.

But those tax cuts do not provide additional growth stimulus beyond the first year unless there is an increase in investment spending, which is unlikely because of the tariff concerns.


5 posted on 04/20/2018 7:51:27 AM PDT by babble-on
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