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De Omnibus Dubitandum - Lux Veritas

Monday, June 17, 2013

Somebody owes the Heritage Foundation an apology

BY: CONN CARROLL JUNE 16, 2013 | 6:15 PM
Disagreements happen all the time in Congress. It is a natural part of any democracy. But what doesn't happen all the time is a sitting senator essentially calling a witness a liar.
And that is exactly what Sen. Sheldon Whitehouse, D-R.I., did to Heritage Foundation scholar Dr. Salim Furth during a Senate Budget Committee hearing on June 4th titled, "The Fiscal and Economic Effects of Austerity."
During that hearing, Furth testified that "austerity" is an overly broad term often used to obfuscate the true mix of spending cuts and tax hikes governments use to lower their debt burdens. He said that while spending cuts can often improve economic growth, tax hikes only harm the economy and often make debt worse......
[Senator Whitehouse] "I am contesting whether you have given us fair and accurate information," Whitehouse continued. "When you look at the actual balance between spending cuts and tax increases, that the OECD uses it self, to describe what took place in Europe, I cannot connect that to where you come out."
Clearly, Whitehouse believed he had caught Furth and The Heritage Foundation in a bald face lie........There is just one problem with Whitehouse's big gotcha moment:....the numbers Whitehouse used to attack Furth for misreporting "what took place in Europe" were actually mostly projections of what governments said they were planning to do in the future...... To Read More....

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