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User Info Get Your Mouth Off His Schwantz; entered at 2019-07-27 16:42:23
Tickerguy
Posts: 206192
Registered: 2007-06-26
@Feieza -- Well, dollars are dollars; they're fungible, so all this arm-waving is a load of crap.

Look at "debt to the penny" for the real budget deficit, in real time. As with the way the so-called "Trustees" do their math, along with the way the CBO does theirs they are constrained by the rules imposed by Congress as to how they account for things, whether those methods are reasonable or not, and whether they truly reflect both expectations and previous events or not.

In both cases the answer is "not", which is why neither organization has any sort of accuracy worth putting any sort of faith in. They're not intentionally dishonest and yet they are; the reason for it is that they're mandated by law to be dishonest!

Last modified: 2019-07-27 16:43:02 by tickerguy

2019-07-27 16:42:23