How do politicians predict this stuff?

Discussion in 'Economics' started by noob_trad3r, Apr 5, 2011.

  1. There is no guarantees. So how do they come up with these magic figures?

    He added that a study released by the conservative Heritage Center for Data Analysis projects his plan will create nearly 1 million new private-sector jobs next year and 2.5 million, reduce the unemployment rate to 4 percent by 2015 and add 2.5 million more private-sector jobs in the last year of the decade.

    "It spurs economic growth, with $1.5 trillion in additional real GDP over the decade. According to Heritage's analysis, it would result in $1.1 trillion in higher wages and an average of $1,000 in additional family income each year," Ryan wrote.

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  2. AK100


    Politicians tell people what they want to hear, nothing more.
  3. Unfortunately, those things occur in the "future", never "right now". :(
  4. They're "posturing" for life AFTER public office. :mad:
  5. If only it was that easy! The only thing politicians care about is getting re-elected. Tell the people that the future looks good and they will vote for you.
  6. He's predicting 2.8% unemployment rate by 2021. It will be accepted by those who believe there is an invisible man in the sky and that the president was born in Kenya.
  7. Politicians do not predict.. They plan it :))

  8. Nah, they just make up shit.:D
  9. the1


    4% unemployment? What a joke. The campaigning has already begun. The sad part about is the herd will believe, "yes we did."
  10. frankh991


    "Unfortunately, those things occur in the "future", never "right now". .."


    And unfortunately.... all of you "NOOBS" are not very educated in History or Economics....

    Before you embarass yourselves some more by posting additional nonsense... why don't you try reading & better understanding some world history and economic texts..

    Do you actually think , our country can sustain 1-trillion dollar budget deficts and 100 trillion debt balances for the long term? Either the currency will be debased or all you young uneducated "NOOBS" will become slaves of the state by paying 90% of your earnings in taxes....

    At least a few of our current politicians see the comming danger and are trying to communicate possible solutions to our childrens future slavery....

    Enjoy your freedom while it lasts....
    #10     Apr 5, 2011