CBO Schools Tea Party Frosh in Basic Economics

for Wait Wut, per post at
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x1720606


http://tpmdc.talkingpointsmemo.com/2011/08/cut-and-grow-fail-cbo-schools-tea-party-freshman-in-basic-economics.php?ref=fpa

Cut And Grow Fail: CBO Schools Tea Party Freshman In Basic Economics

Rep. Tim Huelskamp (R-KS), a Tea Party-backed freshman who voted against the final debt limit bill, recently asked to hear from the Congressional Budget Office about the impact of government spending on economic growth. It's an article of faith on the right that vastly shrinking government will unleash the forces of private enterprise, and faced with CBO's opposing view, Huelskamp wanted to know the answer to two questions:

1). What current federal departments, agencies, programs, or portions thereof do not contribute to economic growth?

2). In the programs that CBO believes do contribute to economic growth, what level of spending cuts would amount to a level you believe would be significant enough to "probably slow the economic recovery"?

But if the newly elected member of the Budget Committee was hoping the non-partisan CBO would buy into his premise, he'll be sorely disappointed.

more...
http://tpmdc.talkingpointsmemo.com/2011/08/cut-and-grow-fail-cbo-schools-tea-party-freshman-in-basic-economics.php?ref=fpa

Thank you!!!

Huelskamp is just begging to be disappointed.

How 'bout we just stop making bombs, bullets and all the other things that simply get blown or used up, and start making things people use? I know, it's a radical thought.

:evilgrin:

I loved your thread. :hi:

Kill the middle class, it only impedes the flow of money to the top of the pyramid.

It points out the arrogance (again) of the teapers. Huelskamp was obviously trying to corner the "liberal" CBO. The CBO is not cornerable. They're nerds. They probably don't give a lick about politics, they just wanna play with numbers. I love people like that.

I have to be honest and say I read the response three times before even beginning to understand what the hell he was saying, but it was obvious that he put it into words that he "thought" were understandable. I'm going out on a limb here and saying the teapers won't read it, will deny it, will use it as an excuse for their claims that the CBO is liberal. That, and, they'll use whatever bullshit numbers some freshman teaper Rep. with a degree in business management comes up with as an argument.

could do away with that