A Blank Spot on the Map

Saturday, January 29, 2011

Daniel Mitchells Bullshit

OK Alex this is the new boring guy progressive. Just arguing facts. I always thought I was being funny arguing the liberal side with a "Lee-like" bent. But I don't want too hurt feelings or harm good liberals like Britshcress. You guys are gonna miss the old me...


OK so then you don't see any wholes in Mr Mitchell's logic?

Answer me this.

Right now what percent of revenues comes from government spending?

And this; How much does a 0.1% decrease in growth (GDP) effect revenue?


All told, if growth of real GDP each year was 0.1 percent-
age point lower than is assumed in CBO’s baseline,
annual deficits would be larger by amounts that would
climb to $68 billion in 2021. The cumulative deficit for
2011 through 2021 would rise by $310 billion.

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