Comments on: On the Other Side of the Cliff http://jaredbernsteinblog.com/on-the-other-side-of-the-cliff/ Facts, Thoughts, and Commentary Sun, 26 May 2013 01:21:24 +0000 hourly 1 By: Paul Jameson http://jaredbernsteinblog.com/on-the-other-side-of-the-cliff/#comment-400039 Paul Jameson Fri, 21 Dec 2012 03:38:10 +0000 http://jaredbernsteinblog.com/?p=7300#comment-400039 What I’d love to see is a spreadsheet that allows one to adjust the CBO projections for our national debt by simply changing the projected average real GDP estimate. BEA data show that the average real annual GDP growth was 3.875% during the Clinton years and 2.0375% during the GW Bush years. I suspect that using the Clinton years GDP figure for the future would make it look like we don’t really have a debt problem, we have a growth problem, and could be used to focus our policies more to growth encouragement rather than debt reduction.

Is such a spreadsheet doable?

]]> By: Nick Batzdorf http://jaredbernsteinblog.com/on-the-other-side-of-the-cliff/#comment-397869 Nick Batzdorf Wed, 19 Dec 2012 17:34:13 +0000 http://jaredbernsteinblog.com/?p=7300#comment-397869 And the part about blaming the Republicans would have the virtue of being true.

I just don’t understand what earthly purpose that party serves. The “fiscal cliff” is nothing more than a battle to limit the amount of damage they get to do to our country.

]]> By: Russ Abbott http://jaredbernsteinblog.com/on-the-other-side-of-the-cliff/#comment-397706 Russ Abbott Wed, 19 Dec 2012 15:21:20 +0000 http://jaredbernsteinblog.com/?p=7300#comment-397706 The good news is that in all these predictions we will be reaching full employment just in time for the 2016 election. The Democrats can take credit for it–and blame the Republicans for it taking so long.

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