Fed Budgetary Experts Demolish CBO Health Cost Model, the Lynchpin of Budget Hysteria « naked capitalism

Fed Budgetary Experts Demolish CBO Health Cost Model, the Lynchpin of Budget Hysteria « naked capitalism:

 "This paper, although written in typically anodyne economese, is devastating in the range and nature of its criticisms. And the reason this assessment should be taken seriously, independent of the importance of the issues it raises, is that the authors are uniquely qualified to make this critique. Follette is chief of the Fed’s fiscal analysis section. Sheiner, a fellow member of that group, has worked for both the Treasury and the Council of Economic Advisers previously. In other words, the sort of analysis they have made here is the core of what they do on a daily basis."



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