How Dumb Do They Think We Are?

The CBO delivered a report on projections for 2013 through 2023. The graph above is a simple calculation of the annual growth rates of the GDP over this period, and NOT presented in the report.

We are now at about 2.5% annual growth rate The CBO has it going to almost 6.5% in just a few years, by 2016. Who in their right mind believes that! Then it flat lines at 4.25%. What is the basis for that number? Try and read the report. If we cannot get true and reliable numbers with some basis, then why waste the time and money.

Things are really getting worse by the minute.