Saturday, February 28, 2009
Friday, February 13, 2009
The latest, and most devious, of these plans is one that seizes on a small portion of the Congressional Budget Office's Budget and Economic Outlook for 2009-2019 to declare that the recession will end at the end of this year even without the stimulus package.
And, after all, who is better at predicting the future than the Congressional Budget Office? Here, for instance, is their January 23, 2008 prediction for what would happen in the 2008-2009 year:
The slowing U.S. economy is unlikely to sink into an election-year recession and an economic rebound could begin as early as next year as housing and financial market turmoil fades, the Congressional Budget Office forecast on Wednesday.
Nobody ever said they weren't clever on the other side of the aisle.
Evil, maybe. But clever? Absolutely.