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View Diary: Economic Populist: CBO, on the public dime, peddles BS to the public. (19 comments)

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  •  Except ... (2+ / 0-)
    Recommended by:
    pvasileff, happymisanthropy

    ... I quoted the bullshit that they are peddling, and there was nothing in their instructions that required them to make the claims that effects of rising Federal debt include any of:

    (1) Higher Federal Spending on interest payments

    (2) A reduction in national saving

    (3) limits on policymakers' ability to use tax and spending policies to respond to unexpected challenges, such as economic downturns, natural disasters or financial crises; and

    (4) An increase in the likelihood of a fiscal crisis, in which investors would lose confidence in the government's ability to manage its budget, and the government would thus lose the ability to borrow at affordable interest rates.

    Any of those claims are peddling stuff and nonsense ~ packing all four together is peddling BS.

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    by BruceMcF on Mon Nov 26, 2012 at 11:30:28 AM PST

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    •  Do you have the instructions for that report? (0+ / 0-)

      If so, I would like to see them?  If not, then neither of us know.

      "Empty vessels make the loudest sound, they have the least wit and are the greatest blabbers" Plato

      by Empty Vessel on Mon Nov 26, 2012 at 11:33:44 AM PST

      [ Parent ]

      •  With or without the instructions ... (2+ / 0-)
        Recommended by:
        Albanius, TheMomCat

        ... we still know that the CBO is peddling bullshit, because those claims are in the report, and those claims are bullshit.

        You can get as meta as you want as to the reason why the CBO is peddling bullshit, but my diary does not engage in any speculation as to why the CBO is peddling bullshit, its focused on making people aware of the fact that they are.

        Therefore your speculations that they may be peddling bullshit because the instructions they were given directed them to peddle bullshit ~ which, as you have pointed out, is nothing more than speculation if you do not have the instructions to back it up ~ does not contradict my pointing out that the claims are bullshit.

        Support Lesbian Creative Works with Yuri anime and manga from ALC Publishing

        by BruceMcF on Mon Nov 26, 2012 at 11:44:29 AM PST

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