Episode 305: How Did We Get Here?
Words & Numbers
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CBO Projections Are Wrong, Right?
President Obama said the Congressional Budget Office forecast that his health care law wouldn't add much to the deficit. John Avlon: CBO will always be wrong, and politicians on both sides of the aisle do the exact same thing. The debt is doubling about every eight years; we're going to triple it in 10 years, he says.Avlon: Politicians are relying more as time goes on on this argument that we can print money without worrying about inflation.
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