The Inaccuracies of The Congressional Budget Office

[JakeStarkey]

In other words, they make guesses on incomplete information and that is was Congress uses to decide the fate of legislation. While the president is paring down and cleaning out the executive branch, it’s clearly time Congress does the same in its own branch.

Thanks, bud. YOu demonstrate the problem with the modern Republican Party.

If the science or the math doesn't say what you want it to say, you reject the science or math.

the AHCA will cause 24 million people to lose insurance coverage. How do you keep that from happening?

The CBO doesn't do "math", it does algebra, and like a computer, it is vulnerable to the age old data truism:

GIGO. Garbage In, Garbage Out.

Nonsense, marty.

Your typical content free retort.

The content rebuking your nonsense was offered above, and it has not been effectively rebutted. Tis what is.

 

[JakeStarkey]

They don't do guesses they do analytic statistics.

They don't do 'correct analysis' very often either.

There are radial variables that can change the estimation, nothing new.

Of course. Which is why no one should ever apply any real value to a CBO report.

I suppose.With that logic, anything that comes out of Congress should have no value.

Well, not everything. However, any and all CBO evaluations should be treated with extreme skepticism.

People hear the term, "non-partisan CBO" and immediately give this agency credibility. That is a huge mistake. They are no more credible than any other organization that 'guesses' at the cos of things.

What of credibility do you have to offer in its place?

 

[martybegan]

In other words, they make guesses on incomplete information and that is was Congress uses to decide the fate of legislation. While the president is paring down and cleaning out the executive branch, it’s clearly time Congress does the same in its own branch.

Thanks, bud. YOu demonstrate the problem with the modern Republican Party.

If the science or the math doesn't say what you want it to say, you reject the science or math.

the AHCA will cause 24 million people to lose insurance coverage. How do you keep that from happening?

The CBO doesn't do "math", it does algebra, and like a computer, it is vulnerable to the age old data truism:

GIGO. Garbage In, Garbage Out.

Nonsense, marty.

Your typical content free retort.

The content rebuking your nonsense was offered above, and it has not been effectively rebutted. Tis what is.

Where?

The CBO is basically a giant calculator, that is only as accurate or good as the data given to it.

 

[JoeB131]

There is no evidence that they are accurate either.

Other than the Government has been using their methodology since the 1970's or so... but you do go on with your "Alternative Facts".

 

[martybegan]

There is no evidence that they are accurate either.

Other than the Government has been using their methodology since the 1970's or so... but you do go on with your "Alternative Facts".

The "hockey stick" Global warming junk has a methodology, doesn't make it right or accurate.

One can have a shitty methodology, but will keep using it because there is nothing better, and again the CBO is weak to GIGO like any other budgetary prediction calculations.

Accountants do throughput only, they don't set the parameters.

 

[JoeB131]

The "hockey stick" Global warming junk has a methodology, doesn't make it right or accurate.

Right. That's why we had 60 degree temps in February in Chicago, because that Global Warming thing is totally not true, because we don't want it to be true, because "Freedom" or something.

Why not just admit, you are a selfish asshole who doesn't give a fuck about anyone else, you just want to do what you want. Then we can safely ignore you and get about fixing the problems.

 

[martybegan]

The "hockey stick" Global warming junk has a methodology, doesn't make it right or accurate.

Right. That's why we had 60 degree temps in February in Chicago, because that Global Warming thing is totally not true, because we don't want it to be true, because "Freedom" or something.

Why not just admit, you are a selfish asshole who doesn't give a fuck about anyone else, you just want to do what you want. Then we can safely ignore you and get about fixing the problems.

one can argue about AGW, however the hockey stick has been universally ridiculed.

And the most selfish person between us is you, bitch-boy, because of your desire to destroy anyone who doesn't think like you and act like you.

You narcissistic twat-waddle.

 

[JoeB131]

one can argue about AGW, however the hockey stick has been universally ridiculed.

And the most selfish person between us is you, bitch-boy, because of your desire to destroy anyone who doesn't think like you and act like you.

No, I'm working for a greater good. A society where the homophobes have to hide in the closet is a desirable one.

 

[Bush92]

one can argue about AGW, however the hockey stick has been universally ridiculed.

And the most selfish person between us is you, bitch-boy, because of your desire to destroy anyone who doesn't think like you and act like you.

No, I'm working for a greater good. A society where the homophobes have to hide in the closet is a desirable one.

You are working to destroy a great nation. (Well it was great until last 8 years)

 

[JoeB131]

You are working to destroy a great nation. (Well it was great until last 8 years)

Guy, a country that discriminates is not "Great". And it will be a great day when the homophobe finds himself as undesirable as the racist.

 

[longknife]

This agency was formed in 1974 to help Congress decide the financial effect of legislation before it’s enacted. I can’t find how many employees it has but here are the various divisions of it:

Budget Analysis

Financial Analysis

Health, Retirement, and Long-Term Analysis

Macroeconomic Analysis

Management, Business, and Information Services

Microeconomic Studies

National Security

Tax Analysis

In 2014, Jason Furman, then director of Obama’s Council of Economic Advisers, was discussing a CBO report when he told reporters:

“The final thing I’d like to say is that CBO themselves stress that their analysis is not complete — it doesn’t reflect the full set of factors — and that there’s substantial uncertainty around their analysis. In particular, I think there’s three very important ways that the Affordable Care Act is and will continue to improve labor markets that weren’t reflected here.”

In other words, they make guesses on incomplete information and that is was Congress uses to decide the fate of legislation. While the president is paring down and cleaning out the executive branch, it’s clearly time Congress does the same in its own branch.

This story is @ Investigation Into CBO Just Uncovered What's Really Wrong With Washington DC

They don't do guesses they do analytic statistics.

With incomplete data!

 

[longknife]

There is no evidence that they are accurate either.

Other than the Government has been using their methodology since the 1970's or so... but you do go on with your "Alternative Facts".

And the results in themselves disproves the accuracy of its prognostications.

 

[JoeB131]

And the results in themselves disproves the accuracy of its prognostications.

Naw, we have bad results because we want government to do all these things and we don't want to pay for them.

For instance, when Ronnie Ray-gun said he wanted to cut taxes on the rich and spend a shitload of money on the military, the CBO told him it would run up the debt. They did it anyway.

This is what happens when you put dogma over math and science.

 

[JoeB131]

And the results in themselves disproves the accuracy of its prognostications.

Naw, we have bad results because we want government to do all these things and we don't want to pay for them.

For instance, when Ronnie Ray-gun said he wanted to cut taxes on the rich and spend a shitload of money on the military, the CBO told him it would run up the debt. They did it anyway.

This is what happens when you put dogma over math and science.

 

[JoeB131]

And the results in themselves disproves the accuracy of its prognostications.

Naw, we have bad results because we want government to do all these things and we don't want to pay for them.

For instance, when Ronnie Ray-gun said he wanted to cut taxes on the rich and spend a shitload of money on the military, the CBO told him it would run up the debt. They did it anyway.

This is what happens when you put dogma over math and science.

 

[Dan Stubbs]

This agency was formed in 1974 to help Congress decide the financial effect of legislation before it’s enacted. I can’t find how many employees it has but here are the various divisions of it:

Budget Analysis

Financial Analysis

Health, Retirement, and Long-Term Analysis

Macroeconomic Analysis

Management, Business, and Information Services

Microeconomic Studies

National Security

Tax Analysis

In 2014, Jason Furman, then director of Obama’s Council of Economic Advisers, was discussing a CBO report when he told reporters:

“The final thing I’d like to say is that CBO themselves stress that their analysis is not complete — it doesn’t reflect the full set of factors — and that there’s substantial uncertainty around their analysis. In particular, I think there’s three very important ways that the Affordable Care Act is and will continue to improve labor markets that weren’t reflected here.”

In other words, they make guesses on incomplete information and that is was Congress uses to decide the fate of legislation. While the president is paring down and cleaning out the executive branch, it’s clearly time Congress does the same in its own branch.

This story is @ Investigation Into CBO Just Uncovered What's Really Wrong With Washington DC

They don't do guesses they do analytic statistics.

Could get rid of the dept it would save money and the Dept of Education along with it.