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Thread: CBO: Economic Growth is projected at 1.9%. 3-4% is unrealistic.

  1. #101
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    Re: CBO: Economic Growth is projected at 1.9%. 3-4% is unrealistic.

    Quote Originally Posted by washunut View Post
    Check the distribution. As I think Mark Twain said : "there are lies, damned lies and then statistics".

    https://www.advisorperspectives.com/...t-by-age-group
    Your response to a question is for me to check the distribution?
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  2. #102
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    Re: CBO: Economic Growth is projected at 1.9%. 3-4% is unrealistic.

    Quote Originally Posted by Kushinator View Post
    Your response to a question is for me to check the distribution?

    Gave you a link. Shows that the reason your slide looks like it does is because women entered the workforce quite a while ago. Men in the group you cite have numbers actually falling, though slightly.

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    Re: CBO: Economic Growth is projected at 1.9%. 3-4% is unrealistic.

    Quote Originally Posted by washunut View Post
    Gave you a link. Shows that the reason your slide looks like it does is because women entered the workforce quite a while ago. Men in the group you cite have numbers actually falling, though slightly.
    What's your point? I would have expected you to make it when you replied the first time.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  4. #104
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    Re: CBO: Economic Growth is projected at 1.9%. 3-4% is unrealistic.

    US revised second-quarter GDP up 3.0% vs 2.7% rise expected

    https://www.cnbc.com/2017/08/30/us-r...arter-gdp.html

    Looks like once again CBO shows how bad it is at projections.
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