Based on the research firm’s original projections, the U.S. economy was expected to gain $16.3 billion in revenue, according to an analysis by Forbes. Instead, the total deficit may be as high as $28.8 billion.
It’s weird IMO to count in expected gains that never realized when calculating a deficit.
If every calculation they had was pointing to that increase, backed up by historical growth rates, and suddenly this policy not only guts that increase, but reverse it into a decline, it makes sense to count that.
Stock evaluations are forward looking. Businesses operate on expected earnings, and earnings growth.
These aren’t just hopes and wishes that they make this money based on nothing. Are they guaranteed? No. Can they give a good idea of the direction things are headed from the current point barring any changes? Yes
It’s weird IMO to count in expected gains that never realized when calculating a deficit.
Why is that weird?
If every calculation they had was pointing to that increase, backed up by historical growth rates, and suddenly this policy not only guts that increase, but reverse it into a decline, it makes sense to count that.
Stock evaluations are forward looking. Businesses operate on expected earnings, and earnings growth.
These aren’t just hopes and wishes that they make this money based on nothing. Are they guaranteed? No. Can they give a good idea of the direction things are headed from the current point barring any changes? Yes