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Old 02-04-2014, 03:39 PM  
Taco John Taco John is offline
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Here's why the CBO is a joke...

Remember this estimate during the Obamacare discussion? Of course you don't. They didn't have it. It wasn't until after the disaster is on us that they revise their estimate to match reality...

The CBO is a joke...

http://www.cnbc.com/id/101352868
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Old 02-04-2014, 03:52 PM   #2
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cosmo - please decide if this information is worthy of a thread.
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Old 02-04-2014, 03:59 PM   #3
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Old 02-04-2014, 04:01 PM   #4
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Old 02-04-2014, 04:03 PM   #5
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would love a youtube of the white house/cbo loon that talked today.
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Old 02-04-2014, 04:09 PM   #6
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From what I understand, the CBO is only allowed to calculate the cost of a bill within the parameters set by those who want it scored. So even though it is a nonpartisan body, a result reflecting what the bill's creator wants can be built into the scoring mechanism.

That's why the CBO is a joke.
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Old 02-04-2014, 04:30 PM   #7
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Quote:
Originally Posted by donkhater View Post
From what I understand, the CBO is only allowed to calculate the cost of a bill within the parameters set by those who want it scored. So even though it is a nonpartisan body, a result reflecting what the bill's creator wants can be built into the scoring mechanism.

That's why the CBO is a joke.
Agree.
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Old 02-04-2014, 04:30 PM   #8
Taco John Taco John is offline
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Quote:
Originally Posted by donkhater View Post
From what I understand, the CBO is only allowed to calculate the cost of a bill within the parameters set by those who want it scored. So even though it is a nonpartisan body, a result reflecting what the bill's creator wants can be built into the scoring mechanism.

That's why the CBO is a joke.

Thanks for that clarification. This is important. Every time some pie in the sky progressive comes up with a program, they march out and give us some bogus CBO numbers claiming non-partisanship and pretending like the numbers mean something. Worse, these people sometimes actually believe the numbers are meaningful - as if they can wave a magic wand and say the magic words "CBO" and suddenly their argument is fail proof.

Let's hope this foolishness ends with this report. The CBO is a joke and its figures mean absolutely nothing, particularly when dealing with the theoretical budgets of the future.
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Old 02-04-2014, 04:36 PM   #9
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cosmo please debunk this article only you are capable of telling us the real truth
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Old 02-04-2014, 04:59 PM   #10
cosmo20002 cosmo20002 is offline
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Quote:
Originally Posted by blaise View Post
cosmo - please decide if this information is worthy of a thread.
CBO report is worthy. A BS analysis of it is not, other than to expose it and encourage the seeking out of accurate information.
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