(h/t Atrios)
One of the more preposterous results of the Heritage Foundation analysis of Paul Ryan's budget plan was the prediction that unemployment would drop to 2.8% by 2021. Sharp-eyed Paul Krugman discovered that this bit of foolishness has been scrubbed from the analysis without an explanation.
UPDATE: David Weigel spoke with a Heritage data analyzer and was told that they "adjusted the full employment unemployment variable" to get to a somewhat more believable 4.27%
Wednesday, April 06, 2011
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