In response to:

Spreadsheets, Paul Krugman, and Logic

True Conservative! Wrote: Apr 20, 2013 6:55 PM
Yeah, it's simplistic; but sometimes, like NOW, it's also accurate!

In a 2010 paper Growth in a Time of Debt and again in a book entitled This Time is Different, Harvard economists Ken Rogoff and Carmen Reinhart presented the idea that when a country's ratio of debt to gross domestic product reaches 90% lower economic growth is on the horizon.

However, Rogoff and Reinhart made an Excel Spreadsheet Error in their work that has the economic world in a tizzy.

A new study by three researchers at the University of Massachusetts finds that Rogoff and Reinhart