Surprise! (Not): Trump's budget assumptions based on a lie
From that bastion of left-wing thinking, the WSJ, lol.
https://www.wsj.com/articles/trump-i...pid=1860604578 Now Mr. Trump is leading the economy down a primrose path that is even more unrealistic. The administration’s budget, released this week, assumes long-run growth of 3%, a full percentage point higher than the Blue Chip consensus of professional forecasters and 1.1 percentage points above the prediction of the nonpartisan Congressional Budget Office. |
And don't forget they double the 2 trillion revenue increase that comes out based on that ridiculous assumption.
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How can I be broke, I have checks left, aka: Reaganomics.
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Somewhere is the front end of a horse not knowing that the other end is in DC, dismantling what's left of what made the Country exceptional.
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Trump lying??? Say it ain't so.
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Oh yeah. Its a lie to suggest that the US could return to a 3% growth rate, even though 3% was the average GDP growth rate during the 40 years between 1966 and 2006.
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http://www.taxpolicycenter.org/sites...historical.pdf |
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