Psychic Economics

[Just Me]

The Bush administration has now reached a whole new level in evaluating economics; especially for purposes of demonstrating that its exploding deficits will shrink in half over the next 5 years.

Used to be, there was a lot of guesstimating and fudging and manipulating numbers to paint a rosey GDP.

Now, however, the neoCONspirators don't bother with all that.

Now, they have become PSYCHICS able to predict the future GDP *WHEW*!!!!

They are able to psychically know that the GDP will grow so much that the "percentage" of their humongous deficits will "appear" to be cut in half.

Isn't that the most magical, miraculous phenomenon you've ever seen?

I wondered why they doing the deficit as a percentage of GDP rather than in REAL NUMBERS. Now, I know they use a "prediction" of future GDP to create the "illusion" that their explosive budget will be reduced.

Is anyone as disgusted by this blatant FRAUD as I am? :mad:

EWWWWWWWW!!!! :argh:

[Inland]

1. You underestimate the duplicity of the bushites.

Bush keeps promising to halve the deficit over five years. Well, he started making that promise two years ago. So that means the halving will be completed in three more years, right?

Wrong.

Bush means five years from the date he says it. Sorta like the jokey sign at the bar that says "Free Beer Tomorrrow." It never is tomorrow, and the five years never comes to an end. So when he leaves office, the NEXT president has the job of fulfilling his pledge or making up his own line of bullshit.

Plus, half the crap Bush spends money on is "off budget" because he finds it too hard to predict the amount of money it will take. War in Iraq, we can't estimate it, so the number we will use is ZERO, the number which is going to be the farthest from the actual cost. Even using ten bucks would be ten bucks closer but would add ten bucks to the deficit, so zero it is.

The bigger the project, the more open ended, the LESS it costs in the budget! It's a miracle!

[Just Me]

2. It's called "fraud".

I kept wondering how on earth they could do an analysis of their budget projections as a percentage of GDP.

Of course, the wealth-mongers are laughing their asses off cause there is absolutely no precedent for "predicting" GDP as a means of evaluation,...especially as a reliable tool to "project" a government budget. I mean, "projections" based upon a "projection" of an unknown?!?!?!

GeezUScrimes!!!! :mad:

[Just Me]

4. KICK!!!

:mad:

[Just Me]

3. What if their "prediction" is precisely the opposite? Deficits consume US

Do the neoCONspirators believe they are fooling international experts with this "fortune-telling" BS?

:shrug:

Or, are the neoCONspirators only focusing upon fooling the American people!!!! :mad: