Please write and send praise, critique, interesting links or random musings to touchthehandthatfeedsyou@yahoo.com
Showing posts with label bad math. Show all posts
Showing posts with label bad math. Show all posts

Friday, May 6, 2011

Here We Go Again

May 6th, 2011

One more time. The Rep. Paul Ryan (R-WI) plan is still just as ridiculous today as it was when it came out a month ago. It's still based on massive giveaways to the rich, it's still absent any meaningful defense reform and as Bruce Bartlett notes in the Financial Times, its implementation would still raise the total federal debt by over 5 trillion dollars in the next decade. Which means it's still provably dishonest. It also makes Ryan's hard line on the debt ceiling inexplicable.

From Bartlett's piece:

"At the risk of belaboring the obvious, the federal budget deficit didn’t just suddenly arise solely because of actions taken by Democrats over the last two years. As a recent report from Pew makes clear, the bulk of it results from a recession that began in December 2007 and actions taken by Republicans when they were in power: huge tax cuts, two unfunded wars, and new spending programs such as Medicare Part D. Furthermore, Republicans themselves admit that even if their budget plans were enacted in every detail and spending is slashed, the government would still run deficits of more than $5 trillion over the next 10 years; that is what would result from the budget drafted by Rep. Paul Ryan, which all but 4 Republicans in the House voted for on April 15.

For the record, these are the deficits that House Republicans officially support (fiscal years): 2012: $995 billion; 2013: $698 billion; 2014: $489 billion; 2015: $431 billion; 2016: $478 billion; 2017: $407 billion; 2018: $378 billion; 2019: $415 billion; 2020: $405 billion; and 2021: $391 billion.

To vote for $5 trillion in additional deficits – not to mention all of the legislation that got us to today’s deficit – and then oppose allowing the Treasury to borrow funds to cover the lost revenue from tax cuts and the spending Congress enacted into law is nothing but reckless grandstanding."


It's not merely reckless, it's outright dangerous.

Wednesday, April 27, 2011

David Frum On Paul Ryan's Bad Math

April 27th, 2011
Our previous dissections of the Path To Poverty can be found HERE and HERE

The numbers in the Ryan Path To Poverty still just don't add up. I have pointed out (along with just about every non-elected Republican who has actually read the thing) the absurdity of the Heritage numbers in particular. Rather than respond to these revelations as an alarm bell, many members of Rep. Ryan's fanclub have doubled down on it. I am not the only one who thinks this is nuts.

David Frum writes:

"Well, we all sometimes get our math wrong. But here's the strange thing: the invalidation of Heritage's job predictions has had no impact whatsoever on Republican advocacy of the Ryan plan.

Suppose I presented you with a plan to land an astronaut on Mars. You check my numbers and discover a mistake: my trajectory will instead send the astronaut hurtling into outer space. If I answer, "Well let's use that trajectory anyway," wouldn't you conclude that I was less than totally committed to the Mars mission? That perhaps I had some other goal in mind instead?"

Indeed. 

Thursday, March 31, 2011

FOX News Math

March 31st, 2011
Some great FOX News fails from Funny Or Die. These 2 really do matter, though.

Worth revisiting. Outside of FOX, we've never seen an OVER 100% sampling make it to broadcast before.
Even better, this sampling seems to represent a 193% total. Good times.