You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #40: The CBO weighed in on the matter. [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Latest Breaking News Donate to DU
Igel Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-19-11 01:55 PM
Response to Reply #34
40. The CBO weighed in on the matter.
There was recession; there was war; there were tax cuts.

Any of the three was enough to scotch the projected surplus, which assumed no recession would occur for the next decade and that growth would continue at rates derived from the previous few years' growth rates up to and including 1999. Since the leading indicators were in place before the election in fall 2000, showing a downturn in growth and investment, that handles the surplus nicely enough.

Printer Friendly | Permalink |  | Top
 

Home » Discuss » Latest Breaking News Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC