No. of Recommendations: 2
Here's the letter which you stated was a lie with no support. If you want to, you can go find the non-partisan researchers referenced in the letter (bolded for you to see) and then give us a detailed explanation of why they are wrong and that this letter is a lie, but so far you have just made unsupported statements. I'm not doing any work at all beyond this, the onus is on you, and if all you give us is hot air, everyone will see that. Ball is in your court. Is it possible you meant something other than it's a lie?
I'm not characterizing it as a blatant lie. Just that it exists to sway the vote. It is at best an educated guess, but hardly a predictive fact. There are so many variables in economics and to try and characterize a specific outcome to a few of those variables lacks a fair characterization of their efforts. If they were to characterize their hypothesis as just that, a hypothesis, and offer other possible outcomes for one to ponder, I might give it a little more credence. But as it is, as I suspected, just a bunch of high level gibberish and the majority of economic forecasts fall short even when well reasoned with detailed models, which these clearly lack. That is my point here. Don't be fooled by the appearance of non partisan to sway greater acceptance. It typically doesn't meet the standard. It is just another attempt to sway the uniformed vote. But this time it has been swallowed up by bigger headlines. Likely making this letter a non event.
I will add, if it was so easy to determine how to get maximum GDP, improved productivity, with low inflation, everyone would be doing it. That is why it is a soft science. It is basically trial and error. I would add that Trump's first attempt at this worked out pretty well on all fronts for the economy until Covid hit. By the way, look how many times in the past 24 months, the head of the Federal reserve (an experts amongst experts) has been surprised by the economies behavior. At least he shows some humility along the way. I am sure if Trump wins and your 16 experts are proven wrong, we will never hear from them again. Now Powell is a true non-partisan as he has openly served both parties.
