CBO consults with Bookworm Room, revises forecasts!

Oh dear, it appears the CBO has turned a tad pessimistic about its earlier prognostications on the economy, stimulus and ObamaCare, heralded as dogma and chiseled in stone tablets on the alters of the Left’s Temple of Orthodoxy.

 

Drinks all around for the Bookworm Room denizens that correctly anticipated the outcomes cited herein. It appears that we are better read and even more astute than we thought, even though (I suspect) most (97% – a consensus!) of us do not generally listen to NPR but watch FOX News Channel instead. I am pleased, I must say, to have our very succinct analyses of these highly complex situations confirmed by such an august body that has clearly demonstrated an intellectual honesty by letting us change its mind. Perhaps the IPCC will now deign to do the same.

 

I’ve linked to a summary that provides the direct link to the most recent CBO report. You can catch the gist of the CBO report in the report’s summary.

 

http://hotair.com/archives/2011/06/22/cbo-long-term-budget-outlook-the-futures-not-looking-so-hot/