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n2doc

(47,953 posts)

3. As I noted in another thread, trying to make projections 25 years out is fools work

Reply to cthulu2016 (Original post)

Tue Sep 17, 2013, 05:01 PM

Sep 2013

We can't even project out 10 years. Would anyone have predicted, in 2000, that we would have trillion dollar deficits in 2010? Or back in 1980, that there would be a surplus in 2000?

This is just going to be used to try and cut social programs. Never Military programs. And certainly not to raise taxes on the 1% or corporations.

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Highlight:

Krugman: This is not a crisis. It�s not even a picture of a crisis. [View all] cthulu2016 Sep 2013 OP

It also looks like Krugman's proposition about much greater Govt. Vinnie From Indy Sep 2013 #1

Not even close to a crisis ....BUT ..... MindMover Sep 2013 #2

As I noted in another thread, trying to make projections 25 years out is fools work n2doc Sep 2013 #3

Nailed it. ctsnowman Sep 2013 #4

If its good enough for climate change, why not debt increase? 7962 Sep 2013 #5

Because governments can make radical changes n2doc Sep 2013 #7

Add Intragovernmental debt to the picture. AtheistCrusader Sep 2013 #6

Many here wont agree with you on that. 7962 Sep 2013 #9

K & R SunSeeker Sep 2013 #8

That chart doesn't make Obama's first term look good (n/t) thesquanderer Sep 2013 #10