Another Right-Wing Talking Point Myth Debunked By CBO

[ImWithStupid]

What did I lie about? Do you DENY the report is from 2007? Do you DENY that it's the EXACT SAME REPORT your referencing from the right wing site (the alleged independent institute) you linked to? Just because it was published in an ARCHIVE LIBRARY doesn't make it apply to today. KEEP DREAMING.

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You said the writer tried to make it look like it was a report from 2010. That's false. He said the report was published in a 2010 publication.

Just because the CBO makes a report in 2005 doesn't mean it applies today, either.

As far as I'm concerned, I think Mrs. Romer's expert opinion from 2007, is more relevant than it is today, as at that time she didn't have to play cover for anyone's ideology and with that said, even Keyensian economist, who want stimulatory spending, are against greatly raising taxes, during a down economy and the stimulatory spending should be short term. No sign of them following either rule any time soon. (unless GOP takes over the House)

 

[phreakwars]

As far as I'm concerned, I think Mrs. Romer's expert opinion from 2007, is more relevant than it is today,

That's odd, she's one of SEVERAL economist who say they are FOR letting the Bush tax cuts expire, contrary to what her 3 year old article from back then says. Who cares if it was recently published in an archive place. That's like saying something from web.archive.org that is 3 years old is relevant today just because it was recently archived.

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[ImWithStupid]

As far as I'm concerned, I think Mrs. Romer's expert opinion from 2007, is more relevant than it is today,

That's odd, she's one of SEVERAL economist who say they are FOR letting the Bush tax cuts expire, contrary to what her 3 year old article from back then says. Who cares if it was recently published in an archive place. That's like saying something from web.archive.org that is 3 years old is relevant today just because it was recently archived.

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More misrepresentation?

First off, It isn't a web archive. It's a professional journal that is published quarterly for economists. Like the New England Journal of Medicine is for doctors.

Second. It isn't a reprint of a 2007 report, it's a revisit and update to it, (they make reference to 2008 and 2009 reports in the update) and still says that increasing taxes in an economic downturn causes the economy to contract, not expand.