Treating Hypothermia With Wet Blankets

Jun 04, 2011 00:12


Paul Krugman
What A Drag

From Goldman Sachs, an estimate of the federal budget impact on growth. The gray line shows the direct impact, the blue line includes the induced “multiplier” effects. Notice that this shows the rate of change, not the level effects. I explained the difference a while back.

What you can see is that the unwinding of the ( Read more... )

austerity measures, industrial production, double dips, commodities, the great depression, inflation, 1937

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This is what you want, this is what you get badnewswade June 4 2011, 11:53:41 UTC
You know, I'm really starting to think that the public should take a bit of responsibility for the wankers they vote in at almost every opportunity.

They want this shit, it's obvious.

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Re: This is what you want, this is what you get cieldumort June 4 2011, 19:22:30 UTC
Re: This is what you want, this is what you get badnewswade June 5 2011, 11:17:10 UTC
I'm actually at the point where I hope it really, really fucking hurts them. I hope the twats who want the NHS disbanded end up bankrupted by private health charges, I hope the fuckwits who want to enslave the unemployed end up losing their jobs and spending the rest of their lives replacing themselves on workfare, I hope the bastards fucking SUFFER because it is them, the decent taxpaying toryvoting norms who have brought this upon us all.

Perhaps when the gene pool has finally been cleansed of all these gullible right wing shits real change will be possible, but it won't happen as long as there's a sizeable number willing to cheer the destruction of everything decent ever achieved. Christ, it's like watching people lobby for the abolition of the telephone or the computer. Absolute goddam nihilistic fucking Luddism of the worst sort.

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