Comments for The Post Invents Projections of Economic Crisis at http://www.cepr.net , comment 1 to 4 out of 4 comments http://www.cepr.net Wed, 22 May 2013 08:28:43 +0100 FeedCreator 1.7.3 http://www.cepr.net/index.php/beat-the-press/the-post-invents-projections-of-economic-crisis/#comment-305 "It would be interesting to see the document(s) that provide the basis for the Post's assertion." The documents can be found at the Pete Peterson Foundation in their vault right next to the SSN Trust Fund Bonds. Remember when George Bush peeked in there? - bobbyp Wed, 28 Apr 2010 03:28:40 +0100 http://www.cepr.net/index.php/beat-the-press/the-post-invents-projections-of-economic-crisis/#comment-298 "Downward spiral" - the same metaphor showed up in the Joel Aschenbach article in the Post last week. Looks like the Post now has talking points just like Fox. - Bloix Tue, 27 Apr 2010 16:09:03 +0100 http://www.cepr.net/index.php/beat-the-press/the-post-invents-projections-of-economic-crisis/#comment-297 It's deranged at best, to report bean counter calls, With no reference at all, to what caused the fall, And who gets attention, the ones who dropped the ball, Predicting gloom and doom, for the only cure to fix it, The very ones who rigged it, and refused to try to nix it. For any other issue, such as violent personal crime, Their mugs would in headlines, their names dragged through the slime. - izzatzo Tue, 27 Apr 2010 14:39:57 +0100 http://www.cepr.net/index.php/beat-the-press/the-post-invents-projections-of-economic-crisis/#comment-296 The CBO source supports the Post unfortunately, because the CBO made the assumption that there would be a sharp change in tax collections, specifically: "CBO’s current-law forecast reflects the assumption that the tax cuts enacted in 2001 and 2003 will expire as scheduled at the end of 2010 and that the exemption amounts for the alternative minimum tax will fall back this year to the amounts they would have been in the absence of the regular "patches" (temporary adjustments)" Also, even with those assumptions, the CBO projects net interest to grow from $187 billion in 2009 to $723 billion in 2020 which will erode something. - AndrewDover Tue, 27 Apr 2010 13:42:28 +0100