Doll Is Mine wrote:Peter Gammons ‏@pgammo
We all hope Kelly Ayotte has removed all mirrors. What a moral embarrassment. Maybe she couldn't read Justice Scalia

This has been one of the most cited stats in the public debate during the Great Recession. Paul Ryan's Path to Prosperity budget states their study "found conclusive empirical evidence that [debt] exceeding 90 percent of the economy has a significant negative effect on economic growth." The Washington Post editorial board takes it as an economic consensus view, stating that "debt-to-GDP could keep rising — and stick dangerously near the 90 percent mark that economists regard as a threat to sustainable economic growth."

jerseyhoya wrote:The study replicating the original work found accumulating debt is bad, but the increase is linear and there isn't a magical, beyond this point you are fucked threshold, which is good since we've crossed it.

TenuredVulture wrote:

jerseyhoya wrote:The study replicating the original work found accumulating debt is bad, but the increase is linear and there isn't a magical, beyond this point you are fucked threshold, which is good since we've crossed it.

More on this

http://andrewgelman.com/2013/04/16/memo ... rom-there/

pacino wrote:Minority rules

td11 wrote:what is this i don't understand

brad plumer ‏@bradplumer 24m
The push for austerity "was based on someone accidentally not updating a row formula in Excel." http://bit.ly/15inXqU

Kevin Roose ‏@kevinroose 18m
Alt: the theoretical underpinning of the entire austerity movement is based on a messed-up Excel spreadsheet. http://bit.ly/XPoq1g

http://www.nextnewdeal.net/rortybomb/re ... s-problems

This has been one of the most cited stats in the public debate during the Great Recession. Paul Ryan's Path to Prosperity budget states their study "found conclusive empirical evidence that [debt] exceeding 90 percent of the economy has a significant negative effect on economic growth." The Washington Post editorial board takes it as an economic consensus view, stating that "debt-to-GDP could keep rising — and stick dangerously near the 90 percent mark that economists regard as a threat to sustainable economic growth."

yeah yeah i know, but nobody reads that econ thread, doc.

CalvinBall wrote:Two graphs on why the Senate is #$!&@:

http://www.washingtonpost.com/blogs/won ... wo-graphs/

Houshphandzadeh wrote:I know what that means and I'm not even an anti-semite