Episode 124: Arguing Outcomes Instead of Principles Puts the Cart Before the Horse
Words & Numbers
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The CBO Outperformed the Congressional Budget Office by Leaps and Bounds
"We out-predicted the Congressional Budget Office by leaps and bounds," he says. "They're off by a factor of like 1.7." The CBO is great at predicting GDP, but once you realize that it's GDP times 18, you're great at it now, too,. He adds: "It literally takes nothing to figure this out ... I'm math illiterate".
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