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2012-05-24 Britain
The false Messiah of economics
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Posted by tipper 2012-05-24 16:44|| || Front Page|| [5 views ]  Top

#1 Former Enron advisor.
Posted by Lord Garth 2012-05-24 18:45||   2012-05-24 18:45|| Front Page Top

#2 " Yesterday’s revised GDP figures, showing that the country is even deeper in recession than we thought, would appear to support the mocking tone in which Krugman condemns the idea of “expansionary austerity”. But where is this austerity? In fact, one of the few positive contributors to output in the last quarter was government spending,"

A simpleton may actually think it creates actual GDP. Yet it removes money from where actually works and converts it into debt or worse, devalues the entire currency.

Government is probably 70% net loss if you include all the productivity lost by the market to comply with government shit.

See MOB.
Posted by newc 2012-05-24 19:07||   2012-05-24 19:07|| Front Page Top

#3 PK=
Pathetic, Repulsive, Overfed Israeli-hating Lib-Dem-US Jew.
Posted by canalzone 2012-05-24 22:59||   2012-05-24 22:59|| Front Page Top

23:13 JosephMendiola
23:08 canalzone
23:08 JosephMendiola
23:06 USN,Ret
22:59 canalzone
22:23 Pappy
21:50 Bright Pebbles
19:29 CrazyFool
19:26 Deacon Blues
19:15 Deacon Blues
19:11 newc
19:07 newc
18:56 newc
18:45 Lord Garth
18:44 Lord Garth
18:29 American Delight
17:55 Bright Pebbles
17:36 Besoeker
17:05 Besoeker
17:03 Besoeker
16:50 JohnQC
16:35 Bright Pebbles
16:33 JohnQC
16:29 Bright Pebbles









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