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CBO Says Obama Jobs Bill Would Decrease Deficits

Discussion in 'Current Events' started by Party Rooster, Oct 9, 2011.

  1. Party Rooster

    Party Rooster Unleash The Beast

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    Damn those partisans at the CBO! :icon_cool
     
  2. Norm Stansfield

    Norm Stansfield 私は亀が好きだ。

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    Stimulus Jobs Count: CBO Admits It Ignored the Economy’s Actual Performance
    They are doing the same thing here: assuming spending adjustments, new regulations and raising taxes on the rich will have no negative effect on the economy.
     
  3. ShooterMcGavin

    ShooterMcGavin Go back to your shanties.

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    6 billion in 10 years.

    Yup, that oughta solve the problem.
     
  4. Norm Stansfield

    Norm Stansfield 私は亀が好きだ。

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    I 'm just assuming they mean trillion.
     
  5. Party Rooster

    Party Rooster Unleash The Beast

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    Hmmm. Heritage. Yep, definitely non-partisan over there. I'm sure you could find partisan economists on both sides that could make those cases for or against.

    BTW, nice avatar. I see you found that hipster's photostream. :action-sm

    Yet when people bitch about the chump change we spend in foreign aid, it's always "EVERY LITTLE BIT HELPS!!!"
     
  6. whiskeyguy

    whiskeyguy PR representative for Drunk Whiskeyguy.

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    Nope, billion. It says it twice in the first two lines. So in the next ten years, assuming we don't acquire any new debt :)icon_lol::icon_lol::icon_lol:), this will reduce our national debt by 0.04%.

    That's 1/250% every year. Pass this son of a bitch today!
     
  7. Josh_R

    Josh_R Registered User

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    I think we all remember that the CBO can only score a bill as written. Remember all the double-counting in Obamacare? The CBO had to score the bill with the inclusion of double-counting, so it made it seem as though it was viable. Example: A new bill comes out saying that they are going to give everyone a free house and they are going to pay for it with the profits from the unicorn piss they are going to start selling for $10million a bottle. The CBO can't say "there's no such thing as unicorns, this bill is bullshit." The just have to run the math as it is written in the bill.
    You know what else would decrease the deficits by $6 billion over 10 years? Spending $600 million less every year. That's only a little more than the loan that they gave to ONE green energy company :)icon_cool). Anyone who claims they couldn't cut $600 million a year out of the federal budget should be executed.
     
  8. MrAbovePar

    MrAbovePar En Taro Anthony

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    CBO: Make an estimate-miss it? "Things were worse than we initially predicted."

    Always be right.
     

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