In response to:

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

YESWECAN Wrote: Jan 25, 2013 12:03 AM
HOW CAN PEOPLE BE SO STUPID? CAREER POLITICIANS ARE MIS-REPRESENTING YOU EVERY DAY IN EVERY WAY! THEY ALL VOTE FOR SUBSIDIES BECAUES THEY DON’T WANT TO MAKE ANY SPECIALTY INTEREST MAD.

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...