Quote:
Originally Posted by aceventura3
Help.
How do you know that his budget does not predict economic growth when we (perhaps me) can not explain or understand the assumptions in his budget?
Here is what we do know: His budget predicts an increase in GDP in 2009.
Let's stop tap dancing around the main point. Obama says what he feels he needs to say when he needs to say it without regard for truth. Obama sells "snake oil", I personally don't like this and I don't buy into his b.s.
|
His budget includes estimates of inflation, and if you don't understand that, it is your fault.
The figures in his budget are clear for all to see, and have been widely reported:
1.2% decline this year, 3.2% increase next.
We can debate these figures as much as you like, and they are certainly on the rosy side.
But it is ironic, to say the least, that you want to discuss how misleading his budget is by misleading even further.
---------- Post added at 12:40 PM ---------- Previous post was at 12:32 PM ----------
FYI:
http://www.whitehouse.gov/omb/assets...ry_Tables2.pdf
Look at page 20. All the assumptions and estimates of the Obama budget are there, including how they compare to the CBO estimate and to the private market estimates.
If you still insist that hhe predicts economic growth for 2009, there is absolutely nothing I can add to this.
---------- Post added at 02:01 PM ---------- Previous post was at 12:40 PM ----------
Just saw an interview where a republican rep. from Indiana, if Im not mistaken, has just admitted that the GOP alternative budget would do nothing about deficits, and might cost more than the Obama bill.
And the Center for Tax Justice has just release a report that the GOP alternative budget would cost about 300 billion more than the Obama plan, given similar assumptions.