A Deathly Hallow
Pump the Incline

I Can Has Growth?

There has been a spectacular downward revision of the third quarter GDP in Japan. Vox Popoli comments on that and more:

There has not been any economic growth; since GDP measures government spending, all of the "growth" that has been reported is nothing more than the stimulus spending.

Stimulus Spending: It's like inflating a dead horse over and over again.


Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.


Post a comment

Your Information

(Name is required. Email address will not be displayed with the comment.)