Tuesday, July 18, 2017

CBO Budget Projections: After Two Years No Better Than Throwing Darts

I did an experiment: check recent CBO predictions about the budget deficit for accuracy. Turns out, the accuracy of CBO predictions deteriorates rapidly. After 2 years, they are no better than random guesses. In the healthcare debate and elsewhere, we should stop citing distant projections as fact.

from Forbes Real Time http://www.forbes.com/sites/theapothecary/2017/07/18/cbo-budget-projections-after-two-years-no-better-than-throwing-darts/
via IFTTT

No comments:

Post a Comment