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To: xcamel

The article says that this will cost Americans $3,000 or $4,000...but the CBO says its more like a couple of hundred bucks. What’s the reason for the different estimates?


3 posted on 07/02/2009 2:35:07 PM PDT by Scheneida
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To: Scheneida

The CBO isn’t looking at all the secondary and related effects...


4 posted on 07/02/2009 3:03:15 PM PDT by xcamel (The urge to save humanity is always a false front for the urge to rule it. - H. L. Mencken)
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To: Scheneida; xcamel; neverdem; patton
The CBO is lying - at Pelosi’s specific direction. They first reported a cost of 3800.00 per year.

She didn't like that, so somebody started claiming that “the energy savings” per year would be 2100.00 annually. So she subtracted 2100.00 from the 3800.00, and started claiming 1700.00 per year per family.

Didn't like that, so she divided the 1700.00 per year per family by the “average family” of 4 people to get around 400.00 per year.

Didn't like that, so they “stopped inflation” and took costs based on some mythical 2020 or 2022 (it varies) basis when everything has already been paid for and got the 175.00 per year.

But inflation is not included. Job loss from the energy costs are not included. Incidental and extra costs (like the price of gas, clothes, food, housing, housing sales costs (You MUST repair completely EVERY house on to NEW house spec's BEFORE putting it on the market!) and housing repair costs and everything else - are excluded .....

I might be missing a few adjustments and changes and adjustments, but that is essentially the method.

5 posted on 07/02/2009 4:31:01 PM PDT by Robert A. Cook, PE (I can only donate monthly, but socialists' ABBCNNBCBS continue to lie every day!)
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