On Wed, Nov 3, 2010 at 9:23 PM, Judah McAuley <[email protected]> wrote:
> > > If we accept the CBO as authoritative on this issue, then we have to > accept it as authoritative on its other claims, like how it > drastically reduces the deficit and will bend the cost curve in > healthcare. Do you agree with them there? > > That particular analysis was controversial because CBO is rarely asked to project estimates beyond ten years. The Director of the CBO blogged about it, suggesting that the estimate was both highly uncertain and did not include such implementation factors as whether Congress could muster the political courage to enact the Medicare cuts: http://cboblog.cbo.gov/?p=524 By contrast, the estimate on working hours was based on simple numbers. For example, older people making $46,000 would need to jump all the way to $54,000 to come out ahead in the tax schemes set up by Obamacare. That's a huge incentive for those people not to work past $46K, or at least a huge incentive for them not to report the income. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:331004 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
