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2016 Postmortem
In reply to the discussion: Class Warfare [View all]DanTex
(20,709 posts)78. There isn't one "standard economic model". There are assumptions and estimates that one
builds into economic projections. The way that Paul Ryan gets his fantasy projections is the same way that Bernie got to his: bake in a lot of unrealistic assumptions.
And yes, there are critiques that are not based on the 5.3% number itself. For example, the one below by Christina and David Romer. However, even without the detail, simply pointing to the 5.3% number as fantasy is not intellectually dishonest, because anyone who is familiar with macroeconomics and how such models work understands that you don't get an outlandish result like that without putting garbage in.
https://evaluationoffriedman.files.wordpress.com/2016/02/romer-and-romer-evaluation-of-friedman1.pdf
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Hillary is the better candidate on income inequality and economic issues generally.
DanTex
Mar 2016
#1
You guys talk very politely with each other and I am very happy to see both of your capacity for
kgnu_fan
Mar 2016
#16
BCCI, Iran Contra relevance: UAE, Saudi, Pakistan, money and Bush family (ProSense 10-7-06 DU)
bobthedrummer
Mar 2016
#23
From what I read, this is informative and beneficial. Very refreshing. Thank you.
kgnu_fan
Mar 2016
#18
What a load of hogwash. Hillary's support of trade deals has helped gut the middle class.
BillZBubb
Mar 2016
#31
Hillary's been for some trade deals and against others. But the effects of trade deals have
DanTex
Mar 2016
#33
There isn't one "standard economic model". There are assumptions and estimates that one
DanTex
Mar 2016
#78
Thank you for the link. This looks to be a good read. Exactly what I was looking for.
JonLeibowitz
Mar 2016
#79
If you're not politically aware of her policy choices and the consequences they have caused
Jefferson23
Mar 2016
#6
This topic has been on my mind for a long time but rarely I discuss it with people around me because
kgnu_fan
Mar 2016
#34
The problem with Bernie's platform is that it doesn't take into consideration...
anotherproletariat
Mar 2016
#39