PM has posted and explained mathematically the difference in the “change” we were supposed to believe in and what we actually got from our new President. He sums up his finds.
Their predictions were not just kinda wrong. They were horrifically, disastrously wrong. If President Obama is going to use statistics and charts to push nearly $800 billion in spending, I think we should be able to expect his numbers to at least kinda match the reality that comes out of his policies.
At the very least, I’d like to know how his team got those numbers. More importantly, I’d like to know how they have changed their method of prediction. President Obama is fond of saying that we tried tax cuts and they didn’t work, so we should try something else. In that same vein, his team tried predicting the effect of the stimulus and that didn’t work. So I would like to know if they are using the same failed methods they used before or if they are doing something different.
Here is the video.
Read the explanation here.
