Fear of Clowns

"Faith may be defined briefly as an illogical belief in the occurrence of the improbable."
- H. L. Mencken

Saturday, February 05, 2005

Maybe they also calculate Bush would not consider growth in wages as economic growth 

Brad DeLong points to a curiosity about the President's Council of Economic Advisors' report on Social Security. First, they claim that faster "economic growth" can not push forward a theoretical date the Social Security system may experience funding problems - because it "does not apply". Later in the same report, they present a calculation of exactly how much further out faster wage growth would push that date. (via Atrios).

Post a Comment



Post a Comment

This page is powered by Blogger. Isn't yours?
Listed on BlogShares