It is really silly to use this kind of information as other than some very crude guideline. Seems we focus on the endpoint ... which will never be where it is predicted to be. Compare last year's predictions to this year's predictions 10 years out. We need to be cautious but not panicked. We need change but not destruction.
Remember Hurricane Sandy ... projections about where it will go from where it is drawn as a broad cone from the origin ... no knows exactly where it will go ... bigger and less certain the further you get from where it is ... economic forecasts are like that because there are so many things that might happen to change the outcome - like create jobs or raise tax revenues.
The GOP strategy is to continue the strategy of job and growth strangulation through perpetuating uncertainty.
CBO Report: Deficit Will Fall to Less Than $1 Trillion in 2013
via C-Span ... better than listening to mainstream broadcast sound bites ... by people who have not even looked at the report!
#Obama #Jobs #Growth #47% WI 1848 Forward: #CBO Projects Smaller #Deficit in 2013 via #C-Span vs #Ryan & #1%
#GOP #Ryan & #1% continue #Growth killing WI 1848 Forward: #CBO Projects Smaller #Deficit in 2013 via #C-Span
#GOP #Ryan & #1% continue killing #jobs WI 1848 Forward: #CBO Projects Smaller #Deficit in 2013 via #C-Span
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