UnThreaded | Threaded | Whole Thread (13) | Ignore Thread Prev | Next
Author: Goofyhoofy Big funky green star, 20000 posts Top Favorite Fools Top Recommended Fools Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1933626  
Subject: Re: Galactic irony Date: 11/16/2012 1:43 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 36
You referred to Greece, yes Greece, as the "poster child for slashing spending".
I do not think you are ignorant. I do not think you are lying. I think you are insane.


OK. From CafeHayek:

Greece spending, 2009, 2010, 2011: 125, 114, 108. I believe a reduction of 20% is pretty unprecedented.

Spain spending: 2009, 2010, 2011: 485, 480, 468. Ditto, although the reduction is more modest.
http://cafehayek.com/2012/05/the-slashed-spending-of-europea...

You left out Ireland.

Yes, I also left out Portugal. Just didn't think to include them at that moment.

HEY! Want to see a picture of how it's all working?

http://media.economist.com/sites/default/files/imagecache/29...

That terrible socialist Obama! The programs followed by Japan (slipping back into recession?), the Euro area (ditto), and Britain (just coming out of a second recession) look oh so much better, don't you think?
http://www.economist.com/blogs/freeexchange/2012/11/long-slu...

One thing you might notice about the US: steady progress. Slower than the loudmouth Right would like, but then their proposals have done exactly zero when implemented elsewhere. Republicans have been hammering on the deficit for four years, even as the economy has improved, and their prescription has failed everywhere else. How can this be? Does evidence not matter?

Estonia and Latvia. I'm still laughing.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (13) | Ignore Thread Prev | Next

Announcements

Feste Award Winner Announced!
Congrats to the Winner of the 2013 Feste Award!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement