for the benefit of anyone who hasn't been following the story,the government took their economic policy of austerity from an economic research paper that claimed that GDP growth would suddenly plummet if national debt to GDP ratio went above 90%. The paper wasn't peer reviewed, and only turned out to be complete bollocks when an economics student tried to replicate the results, and found that they had made simple mistakes in their Excel spreadsheet.
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Moon Girl Technologies horrendous beanbag,
Mon 19 Aug 2013, 14:43,
archived)
yeh, it seems like doing cuts now is the logical thing to help but thenyou'd think that an extra half hour in bed would logically make you feel better but it actually just makes you feel more tired
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Sir Sand GOBLIN ^popular page dis,
Mon 19 Aug 2013, 14:47,
archived)
it doesn't seem like the logical thing to dowhen you consider the fact that money goes round in circles and doesn't just get destroyed when it is spent.
( Moon Girl Technologies horrendous beanbag,
Mon 19 Aug 2013, 14:50,
archived)
well no but it seems the logical thing to do if all the politicians and half the newspaperskeep telling you that it is the logical thing to do and you don't bother to stop to think too much about it
( Sir Sand GOBLIN ^popular page dis,
Mon 19 Aug 2013, 14:52,
archived)
no, i meant the name is easy for you to saypersonally, i'd find it a bit of a mouthful
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Smash Monkey lowering the tone of the whole internet,
Mon 19 Aug 2013, 14:48,
archived)