OH MY GOD!
How did this news report make it through the AP editors?
But precise trajectories are impossible to plot and even approximations can be wildly off, as the authors of these forecasts acknowledge, usually more readily than the policymakers who use them to promote the plan.
Flip through the stacks of economic analyses underpinning the stimulus plan and you find a lot of throat-clearing qualifications and angst:
_”Very uncertain.”
_”Difficult to distinguish among alternative estimates.”
_”We confess to considerable uncertainty.”
_”Subject to substantial margins of error.”
In other words, who really knows?
Economic modeling may prove to be a haywire navigational device in this crisis.
By the way this is what agenda looks like masquerading around as news. However unlike the vast majority of MSM reports this agenda leans right as opposed to left. This report is in no real sense ‘news’. Its just some guy with a position that he wraps a bunch of experts around to put out his agenda. Fortunately for me, his agenda, and thus what he calls news, is consistent with my views.
It’s nice to see fiscal conservative opinion wrapped in ‘news’ and passed on by a MSM organization. You don’t see that very often. I’m sure this report will make top headlines in most MSM organizations. Especially the NYTimes.