In response to:

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

upside22 Wrote: Jan 24, 2013 9:06 AM
But *REAL* Keynesian policy includes establishing pro-growth policies for the private sector as well as using government spending as a replacement for private demand. The Marxist Democrats have morphed this into a psuedo-Keynesian policy of -- "the government spending *is* the pro-growth policy". Keynes would be mortified to see what the Marxist Democrats have done to his policy prescriptions!!!

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...