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Full disclosure...

Posted By: UtahFanSir
Date: Thursday, May 30, 2019 at 06:13 pm

That article was analysis from 2013, and not for this recent tax cut. I assume that CRS has corrected some of the issues that marred their 2012 report that was criticized then.

I would not characterize the 2012 CRS report as a joke, but it did contain some flaws in approach. What I have not done is see if those flaws were material.

The critique of the report said this, "The CRS study omits important variables and poisons its results by not holding other factors constant. The variables it does examine are indirectly related to the relationship one should be studying, but the study does not follow them for long enough to get the whole picture. The study is as weak now as it was when it was first issued."

Recall that I posted the media bias for this critique, it is right of center.

I knew that the new CRS showed that the GOP tax cut benefited few. So I posted the older critique in an attempt to temper our wholesale dismissal of the GOP tax cut. Still, the CRS may be spot on. We need to maintain perspective.

Sorry for the confusion this may have caused.

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Messages In This Thread

96GradAlum icon NEW: "A devastating analysis of the tax cut shows it’s done virtually no economic good" ... is anyone even remotely surprised? Other than UTE BC of course.
96GradAlum - -- Thursday 30 May 2019, at 02:08 pm [ID# 1947547] [reply]
o NEW: is anyone even remotely surprised? No but republicans will still defend it and feign surprise . (nm)
FlyfishingUte - -- Thursday 30 May 2019, at 02:31 pm [ID# 1947552] [reply]
Newbomb Turk icon NEW: They will claim it is fake news. That is one of their favorite go-to dog whistles. Right up there with "socialism". (nm)
Newbomb Turk - Top 25 Poster -- Thursday 30 May 2019, at 02:41 pm [ID# 1947553] [reply]
Red Don icon NEW: and baby killers and "tax and spend." (nm)
Red Don - Top 25 Poster -- Thursday 30 May 2019, at 04:45 pm [ID# 1947570] [reply]
tarheelio icon NEW: I voted for Jill, but I have to admit that the tax cut benefitted me. (nm)
tarheelio - -- Thursday 30 May 2019, at 02:55 pm [ID# 1947556] [reply]
96GradAlum icon NEW: Did you get a 14% cut like business did? Cuz I sure as hell didn't. (short)
96GradAlum - -- Thursday 30 May 2019, at 04:17 pm [ID# 1947567] [reply]
pangloss icon NEW: My favorite Econ professor, Ernest Randa, focused on inventories for predictions.
pangloss - -- Thursday 30 May 2019, at 03:17 pm [ID# 1947559] [reply]
MinnesotaUte icon NEW: Someone, UFS I think, posted a great article yesterday showing that the CRS analysis is a joke, I don't know if that article was specifically directed at this analysis, but suffice to say I would take them with a grain of salt or maybe ton (nm)
MinnesotaUte - -- Thursday 30 May 2019, at 03:56 pm [ID# 1947561] [reply]
96GradAlum icon NEW: If you can offer a better analysis then bring it! (nm)
96GradAlum - -- Thursday 30 May 2019, at 04:18 pm [ID# 1947568] [reply]
UtahFanSir icon NEW: Full disclosure...
UtahFanSir - -- Thursday 30 May 2019, at 06:13 pm [ID# 1947574] [reply]
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