Sunday, August 14, 2011

CBO Projections

I saw a chart of CBO-projected government spending/revenue to 2021 in a meeting the other day, and the numbers are so hilarious that I wonder if anyone actually buys this stuff. I've taken the liberty of adding some of my own commentary:

I particularly like the fact that even after all of their rosy predictions about revenue, they still show the US running a massive deficit for the next ten years. At least we agree on that much, I guess.

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