The Congressional Budget Office (OMB), the Council of Economic Advisors (CEA), the Committee for a Responsible Federal Budget (CRFB), the Office of Management and Budget (OMB) all use quite sophisticated forms of a spreadsheet and they all come up with different projections for debt, deficits, GDP and inflation, etc. … because they use different assumptions.
See, I told you so, those darn spreadsheets will find any answer you like.😱😁
The post The spreadsheet conundrum when the stakes are high. appeared first on HumbleDollar.
Published on August 11, 2025 04:20