Why CBO’s Debt Projections Are Naïvely Optimistic

MarketsETF Trends

This article was originally published on ETFTrends.com.

By John Mauldin via Iris.xyz This week, the Congressional Budget Office released its 2018 Long-Term Budget Outlook. Like everyone, the CBO makes assumptions, so it’s fair to be skeptical of its estimates. In fact, we had all better hope they are too pessimistic because we’re in deep trouble otherwise. Because the CBO thinks federal spending will grow [...]

Continue Reading Below

Read more at ETFTrends.com >