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And they went on, "While we believe this month's baseline forecast is a reasonable and defensible projection based on our best thinking about all these risk factors, it is almost certain to change in ways that are not now predictable".
I can see why the budget office does this; basing the productivity guesstimate on the past is surely a defensible procedure — but projecting a continuation of the rapid rise in inequality would mean basing budget projections on a dystopian vision of the future, which is not exactly what you expect government agencies to do.
The acquirer will also spend a great deal of time and due diligence on the company's projections, and those projections must be reasonable and defensible with realistic assumptions.
Were our actions defensible?
This reluctance is defensible.
Is it scientifically defensible?
It is not defensible.
This execution is defensible.
This is less defensible.
Is his claim defensible?
How is that defensible?
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com