Sentence examples for phony projections from inspiring English sources
Phony projections have become California's alternative to compromise in a rigidly partisan legislature which requires a supermajority to pass a budget.Notably, Mr Schwarzenegger has proposed a temporary increase in the sales tax, along with spending cuts.
Imagine a major, public company where the executive officers posted phony financial projections, systematically misled shareholders with over-optimistic forecasts, organized compensation committees with no independent members, intimidated suppliers with threats of reprisals, stacked supervisory boards with management cronies and failed to disclose campaign contributions.
Democrats are sure to seize on the maneuver as phony math; without these projections, however, Ryan's budget plan would fall almost $70bn short of balance.
"Social Security: The Phony Crisis," by Dean Baker and Mark Weisbrot ($22), argues that because of overly conservative economic projections, Social Security is not in danger and doesn't need to be "saved" by putting some of its funds into individual stock market accounts, as George W. Bush, the Republican presidential candidate, and others advocate.
