[BigV]

Originally Posted by Adak

I recognize Obama's voice when I hear it - high fidelity stereo speakers.

I don't have a problem with a limit to the nationalized health service. I understand that you only should get back, what the system can afford to give. What bugs me about Obama care, is that he's lying about the cost, and underfunding it. That means the taxpayers are going to be left with the bill when it comes due - ie., more taxes, AND the quality of the care will have to be somewhat curtailed - which he's not really telling anyone now that Obama care has become so disliked.

--snip

So Obama is a liar and a cheat because of his projections about Obamacare.

But when it comes to Romney's plans, you

Originally Posted by Adak

I don't want to quote arithmetic, because it's not a 1+1 kind of thing, when you work with the economy and the tax rates and loopholes.

--snip--

I know Paul Ryan's monetary budget plan was published, but I haven't read Romney's proposed tax plan yet. I read what he was going to do, in broad strokes, and I know it will help.

--snip--

When all the details are published, (in a bill), then we can look at the numbers, and see what does, and doesn't probably, add up. I expect Romney's numbers to be optimistic because:

1) Europe is still in an economic recession. Greece, Spain, Italy and others, are in very serious shape.

2) China's economy has been slowing down, lately.

If these two big external factors remain (and I believe #1 certainly will, and #2 will NOT stay), then I believe Romney's projections will be off. We do a lot of business with Europe, and have banking ties which directly support their banks. If they go down, we will be bailing them out, yet again.

Obama is a hammered by you for optimistic projections, but Romney is just saying it's morning in America.

Your indefensible double standard is showing.

Originally Posted by Adak

Projections are used all the time for budgeting purposes. It has nothing to do with Bruce's snarky attitude, above. Gotta hate them rich guys, eh Bruce? Some are optimistic, some are pessimistic, with the former being much more common.

Nation-wide economic projections are seldom spot on, because the economy is so complex and variable in the controlling factors, at any given period.

--snip--

*From KNX 1070 News Radio, Los Angeles, a CBS affiliate.

Don't get angry with Obama about economic projections. Gov't and business has been using them since - roughly -- forever. ALL budgets are based on projections. Are those projections reasonable? Define "reasonable".

Originally Posted by Adak

@BigV:

Don't get angry with me about economic projections. Gov't and business has been using them since - roughly -- forever.--snip

Anyway, ALL budgets are based on projections. Are those projections reasonable?

Define "reasonable". Because they may prove to be too optimistic (typically), but sometimes they prove to be too pessimistic.

Originally Posted by Adak

I wouldn't put a lot of stock in these projections. --snip

Unless it's Obama's prediction. Then, different story.


more double standard follows.

Originally Posted by Adak

I haven't spent a lot of time with the details, because --snip--

Romney's projected savings are just that - a projection, and I wouldn't be surprised if that projection was - like all economic projections - not perfect. The bottom line is, Romney's plan will cut spending in the federal gov't, cut taxes somewhat, and close some tax loopholes. His goal is to make it "neutral", so the income lost in one cut, will be matched by growth in the economy, and by closing a loophole.

I do not expect it will be exactly neutral, of course. He's smart, but he's not a Prophet.

It's double standards like this that make you and your guy look bad. For thinking people, who like to see the math and are skeptical, "logic" like this is a big red flag. In my opinion, it is characteristic of intellectual laziness. You hear something you like or something from someone you like, and you accept it uncritically. Conversely, when the speaker is disliked, or the statement is at odds with your pre-existing conclusion, you're hostile to the message. Content matters Adak, for me and for you, even if you don't care about it. It is content that will affect our lives. You would do well to measure the content more closely and the label of the speaker less closely.