The brilliant and completely f*&^ed up projections (blue lines) are those of the White House.
The very same White House which projects that there will be 'little effect on the deficit' from ObamaCare.
The red dots reflect the reality of Democrat Governance. Good choice, America!
HT: Ace
"The red dots reflect the reality of Democrat Governance."
ReplyDeleteI know you are smarter than that Dadster. Those red dots have little to do with Democrat governance and a lot more to do with underestimating the trauma caused by financial crisis.
The overall shape of the curve appears correct to date. Only the stimulus starting point is wrong.
I'll concede that the 'stimulus start point' is wrong.
ReplyDelete"Wrong" describes most of the Obama Admin's projections, and also covers their NaziCare projections.
Like assuming 4%/year GDP growth, for starters......