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originally posted in:Secular Sevens
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4/30/2013 12:58:51 PM
4
Slashing government spendings hurts the economy.
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Edited by A Good Troll: 4/30/2013 4:16:31 PMThe paper still showed that lower debt levels were associated with higher levels of growth than countries with higher debt, [b]even after[/b] the changes to the data. So what if debt isn't negative at higher debt levels - I'd still take 3.5% growth over 2.5%. The point remains that lower debt countries still have higher GDP growth rates.
