April 24, 2013
– Comments (6)
Here's the paper:Does High Public Debt Consistently Stifle Economic Growth? A Critique of Reinhart and Rogoff
And if you hadn't seen this yet, I think you'll enjoy it:http://www.youtube.com/watch?v=ABtlI2Wk3Ws
Thanks for the links. That Abbott video is pretty good :).
2% is drastic
This reminds me of when local governments need more money, the first hot button issue is either the children will suffer, they need to cut police or cut firefighters. Meanwhile there's usually a nice fund paying for consultants, bike coordinators....all kinds of things :)
If you are in government and you want something, then inflict pain.
Sounds like Obama's handling of the FAA..
FAA had its budget doubled over 2 years and yet is purposefully making flights get delayed and or cancelled.
Passengers are specifically taxed on their tickets ~ yet will they see a reduction in any taxes ?
Why ? because the greedy pigs in gov want more taxation.