Bobby Kogan

@BBKogan

Chief mathematician for . Budget, econ, some tax. Lover of philosophy. Reputed by CBO to be its most enthusiastic fan! Personal account. DMs open.

Vrijeme pridruživanja: listopad 2013.
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  1. Prikvačeni tweet
    8. svi 2019.

    New CBO report shows GOP policies uninsured millions & spiked premiums. By 2029, 8 million fewer people will have health insurance. Elections have consequences that can harm millions of people. Make sure you & your friends + family are registered to vote.

    This graph shows the percent of non-elderly people without health insurance in the United States. There was a massive decline after the passage of the ACA. Before Trump took office, CBO projected it wouldn't right. Now, under Republican policies, the line is set to grow again.
    133 proslijeđena tweeta 149 korisnika označava da im se sviđa
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  2. 5. velj

    I hope you'll all think about that as the Republican Party makes a huge push to deregulate the economy. (8/8)

    1 reply 12 korisnika označava da im se sviđa
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  3. 5. velj

    Republicans love to talk about regulations and their alleged harm to efficiency, but they never calculate their benefit. When Republicans talk about regulations, they never account for the fact that they save lives, as they did mine. (7/8)

    1 reply 12 korisnika označava da im se sviđa
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  4. 5. velj

    Without that, when the car went through the trees, they would have pushed the engine through the car, pinning my legs (likely severing them). I would have been trapped in the car, and I would have drowned. But I didn't, because of safety regulations. (6/8)

    1 reply 10 korisnika označava da im se sviđa
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  5. 5. velj

    Water was seeping into the car, and it was starting to sink. Fortunately, I was strong enough to open the door and heave myself out. Obviously, I survived and am here. But that's only because cars have extremely strong frames. (5/8)

    1 reply 7 korisnika označava da im se sviđa
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  6. 5. velj

    The car went into a guard rail, bouncing off (then I woke up and slammed on the brakes). From there, I bounced off the side of a barn. The car then went through three saplings, and I ended up about 30 feet into the middle of a lake. (4/8)

    1 reply 4 korisnika označavaju da im se sviđa
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  7. 5. velj

    That night, on the drive back to Connecticut, I fell asleep at the wheel for roughly 1/4 of a second, but with my foot on the accelerator. It was drizzling, and the car was already going downhill. The road curved, but I obviously did not. (3/8)

    1 reply 4 korisnika označavaju da im se sviđa
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  8. 5. velj

    When I was 19, my family was up in Connecticut visiting my grandparents to celebrate my grandfather's 90th birthday. On one of the days, I drove to Massachusetts to visit my (then-young) cousins. We spent all day playing around in the sun. (2/8)

    1 reply 5 korisnika označava da im se sviđa
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  9. 5. velj

    I have a short, personal story on regulation that I like to tell whenever people praise deregulation. (1/8)

    is right that his administration is “slashing a record number of job-killing regulations”
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    1 reply 6 proslijeđenih tweetova 19 korisnika označava da im se sviđa
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  10. 31. sij

    We really think that the standard is the president can be removed for, like, robbing a 7-11, but not for interfering w/ his own re-election? The "big government is scary" crowd really thinks it's cool for the most powerful person on the planet to interfere in his own re-election?

    It was inappropriate for the president to ask a foreign leader to investigate his political opponent and to withhold United States aid to encourage that investigation. 5/15
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    5 proslijeđenih tweetova 28 korisnika označava da im se sviđa
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  11. proslijedio/la je Tweet
    30. sij

    I’m not freaked out by deficits. I’m unhappy with the extent to which we’re squandering debt on the wrong stuff.

    45 proslijeđenih tweetova 155 korisnika označava da im se sviđa
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  12. proslijedio/la je Tweet
    29. sij

    Once again, I'm seeing R's engage in flagrant violation of the Bernstein Rule ("if you voted for the tax cut, you can't whine about the deficit"). Don't worry--I'll continue to prosecute offenders, as will my man .

    Here's a graph showing deficits over time, and showing the contributions of certain policies. If not for the Bush & Trump tax cuts, we'd be running a primary surplus. Republicans pass huge tax cuts and then call to cut food stamps and disability eligibility "because deficits."
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    5 replies 14 proslijeđenih tweetova 45 korisnika označava da im se sviđa
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  13. 29. sij

    Demographics & other things have our spending set to increase as a % of the economy. Before taxes were cut and cut and cut (and cut), revenues were on track to match that spending. Now they aren’t, because we’re bringing in less revenue than we would have.

    In 2010, CBO projected revenues would match primary spending forever (debt issue arose from unideal r-g). Since then, primary spending projections have gone WAY down!! But we cut taxes WAY more. THAT'S THE ISSUE (r-g is now good) - that taxes were cut again and again and again!
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    2 proslijeđena tweeta 2 korisnika označavaju da im se sviđa
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  14. 29. sij

    In 2010, CBO projected revenues would match primary spending forever (debt issue arose from unideal r-g). Since then, primary spending projections have gone WAY down!! But we cut taxes WAY more. THAT'S THE ISSUE (r-g is now good) - that taxes were cut again and again and again!

    2 proslijeđena tweeta 13 korisnika označava da im se sviđa
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  15. 29. sij

    Here's a graph showing deficits over time, and showing the contributions of certain policies. If not for the Bush & Trump tax cuts, we'd be running a primary surplus. Republicans pass huge tax cuts and then call to cut food stamps and disability eligibility "because deficits."

    7 replies 218 proslijeđenih tweetova 367 korisnika označava da im se sviđa
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  16. 29. sij

    A balanced budget is a bad goal. But how we got to this fiscal state is simple: a ton of tax cuts. If not for the Bush & Trump tax cuts, debt would be declining for forever. Revenue used to be on pace to keep up with primary spending, even w/ demographic changes. Now it isn't.

    24 proslijeđena tweeta 69 korisnika označava da im se sviđa
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  17. 28. sij

    I would normally never, ever graph federal debt in any sort of inflation-adjusted basis, but to make sure this is apples-to-apples, and to really drive home the point, here's a graph showing total national assets *net of federal debt* increasing even as debt accrues.

    1 proslijeđeni tweet 2 korisnika označavaju da im se sviđa
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  18. 28. sij

    I've said it before, and I will say it until it stops being true: despite increasing *federal* debt, the US on a *national* level, including the people in it, keeps getting richer on a real per-capita basis. The only real crisis is the wildly unequal distribution of those assets.

    1 reply 4 proslijeđena tweeta 7 korisnika označava da im se sviđa
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  19. 28. sij

    For folks interested, here's a graph of deficits and debt going back to 1792, with some major events labeled.

    1 reply 2 proslijeđena tweeta 6 korisnika označava da im se sviđa
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  20. 28. sij

    That said, the primary deficits we're seeing now are unprecedented in good economic times (outside of a major war), wildly outside the norm.

    4 proslijeđena tweeta 6 korisnika označava da im se sviđa
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  21. 28. sij

    The nominal levels of the deficit and debt are utterly meaningless. In World War II, for instance, the US ran the biggest deficit in history by far. It was "only" $55 billion. But that was nearly 30% of GDP. Here's a graph my dad and I made.

    1 reply 6 proslijeđenih tweetova 20 korisnika označava da im se sviđa
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