Friday, September 14, 2012

Austerity versus stimulus: procyclicalism

Then there's economics.  I keep running across economics posts like this one revealing that America always seems to be pulling the wrong direction when it comes to austerity versus profligacy - and somehow they need to go into the pot as well.

Economics has the advantage of having obvious ways to draw graphs.  This makes it easier to follow, when it's not trying to be obscure.

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