01-16-2019, 06:12 PM
(01-16-2019, 05:33 PM)Yojimbo Wrote: Hahaha. Total incompetence in the Whitehouse. Failed to accurately predict the damage to the economy from the shutdown because they didn’t figure in the 4.1 million government contractors. Only the best people...
Their prediction was -0.1 percent for every two weeks to quarterly growth GDP growth. New estimate is -0.1 percent every week. So, they had to double their forecast.
https://www.npr.org/2019/01/16/685845545/shutdown-will-be-worse-for-economy-than-first-thought-white-house-says
What ticks me off is that this causes our state revenues to go down, because of the high number of federal employees and contractors living here, which means we don't meet our budget goals to give state employees a raise.
"A great democracy has got to be progressive, or it will soon cease to be either great or a democracy..." - TR
"The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." - FDR
"The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." - FDR
