CBO: Obama Stimulus Package Added 3.3 Million Jobs

[Marokai Backbeat]

Sure it did!

Love that this is the attitude you people have toward the CBO; essentially our real-world version of Atlasia's "Game Moderator." You cannot dismiss reality when it doesn't suit you.

No wonder some of you want to abolish it.

[Marokai Backbeat]

Mmhm.

[Marokai Backbeat]

After the stimulus the appetite for US government debt increased and our borrowing costs dropped to an all time low.  How would you like the CBO to adjust its numbers?

Of course there is high appetite for treasuries they are seen as not having a default risk. That has no bearing on the criticism I just made.

People that buy treasuries would have bought some other asset if the supply wasn't increased so much. The CBO doesn't acknowledge that this most basic fact is true.

I just don't understand how the current activities in the bond market post stimulus invalidate the CBOs numbers.

It has nothing to do with it. Just let him be.

[Marokai Backbeat]

You know I realize you thought you were going to be clever when you started this discussion up, but just keep in mind that I actually have spent considerable amount of time looking at these issues so your not going to catch me off guard.

Sorry, for bringing your clever inflated expectations back down to reality.

Yes.. It's Badger that has the inflated opinion of himself..