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To: SeekAndFind
Of course when you read the actual report and table it shows a projection of 2% less unemployment as a result of the Ryan budget proposals as opposed to simply continuing the status quo. The 2.8% number results from the 2% improvement over the Congressional Budget Office's projection of a 5.2% unemployment rate.

Whether there is any solid basis for either projection is unclear, but I imagine just about anybody but Krugman would conclude that reducing tax rates, deficits, and government spending would lead to improved economic conditions relative to a continuation of the current administration's policies.

The bigger question is what basis does the CBO have for projecting an unemployment rate of 5.3% in 2016.

39 posted on 04/05/2011 6:43:36 PM PDT by freeandfreezing
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To: freeandfreezing

Right, but you have to start with some number. I have to feel at an existential level what Dennis Praeger said about Roe. It had destroyed the nation we were and might have continued to be. Just like the Great War destroyed England.


42 posted on 04/05/2011 8:00:02 PM PDT by RobbyS (Pray with the suffering souls.)
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