CONSERVATIVE SOLIPSISM

GOP politicians  said a recent CBO report was wrong simply because they disagreed with the findings: repealing HCR will increase the deficit.  Now a Goldman Sachs analysis is also dismissed.

Report: GOP budget cuts would hit U.S. economy
Goldman Sachs analysis says Republicans' $61 billion in cuts would trim U.S. economic growth by half this year. Rep. John Boehner and others reject the report.
By Lisa Mascaro, Washington Bureau

February 23, 2011, 5:14 p.m.
LA Times

The report by the investment firm Goldman Sachs said the cuts would reduce the growth in gross domestic product by up to 2 percentage points this year, essentially cutting in half the nation's projected economic growth for 2011.

A spokesman for House Speaker John A. Boehner of Ohio said the Goldman Sachs report represented "the same outdated Washington mind-set," comparing it to the thinking behind the 2009 Recovery Act that released federal funds to counter the effects of the recession.