CBO gives three estimates, not just one, of the US debt-load.
The first (and lowest) assumes that there will be ZERO economic effects from the debt-load.
Wanna bet on that?
The least optimistic puts Debt/GDP at 252%. Can you spell "G R E E C E"?
Tuesday, November 22, 2011
If You Like US Debt, You'll Love This!
CBO gives three estimates, not just one, of the US debt-load.
The first (and lowest) assumes that there will be ZERO economic effects from the debt-load.
Wanna bet on that?
The least optimistic puts Debt/GDP at 252%. Can you spell "G R E E C E"?
What is the baseline scenario and what changes to current law are considered in the alternate scenario?
ReplyDeleteAnd I can spell Greece. It just has nothing to do with our situation.
The link (beneath the graf) gets you to the original article, which contains a link to the CBO paper.
ReplyDelete