[GPSCC-chat] Economic snafu?

[Gerry Gras]

FYI,

A few articles about how US and world economic policy
discussions include some basic errors.

"Economists: Sorry About That Mass Unemployment"
http://nymag.com/daily/intelligencer/2013/04/economists-sorry-about-that-mass-unemployment.html

"How an Excel error fueled panic over the federal debt"
http://www.latimes.com/business/money/la-fi-mo-debt-excel-error-20130416,0,4073638.story

"UPDATE 1-Influential economic study on austerity may be flawed"
http://www.reuters.com/article/2013/04/16/global-economy-debt-idUSL2N0D32AU20130416

If you want to know more, try a search for "debt 90 gdp".

Offhand, it seems that this should cause a reevaluation
of economic policy.

Gerry