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Is Anybody Surprised that Krugman Was Wrong about U.K. Fiscal Policy?

adrianvance Wrote: Jan 24, 2013 10:57 PM
Peewee Krugman thinks having men dig holes and paid for it with phony printed money would help the economy! He is a nutcase in a tiny body and beard. Come see us at The Two Minute Conservative, http://tinyurl.com/7jgh7wv and when you speak ladies will swoon and liberal gentlemen will weep.

Just like in the United States, politicians in the United Kingdom use the deceptive practice of “baseline budgeting” as part of fiscal policy.

This means the politicians can increase spending, but simultaneously claim they are cutting spending because the budget could have expanded at an even faster pace.

Sort of like saying your diet is successful because you’re only gaining two pounds a week rather...