Tocqueville on the CBO Estimate

by John J. Pitney, Jr.

“When statistics are not based on strictly accurate calculations, they mislead instead of guide. The mind easily lets itself be taken in by the false appearance of exactitude which statistics retain even in their mistakes, and confidently adopts errors clothed in the forms of mathematical truth.” — Alexis de Tocqueville, Democracy in America, volume 1, part 2.