Friday, March 19, 2010

The Bursting Balloon

clipped from www.qando.net

That aside, the numbers from the CBO are being widely panned as misleading.  Those aren’t the CBO’s numbers – they simply deal with what they’re given – they’re the numbers from the pending bill and reconciliation package.  The Weekly Standard gives them some pretty good context that all can understand:

[It] is like the introductory price quoted by a cell phone provider.  It’s the price before you pay for minutes, fees, and overcharges — and before the price balloons after the introductory offer expires.


If you need a more graphic representation, this will do:

Of course, if you take the decade of 2014 to 2024 into account, the “introductory” offer doesn’t at all look so rosy or good.