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Politics : American Presidential Politics and foreign affairs
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To: TimF who wrote (43301)5/18/2010 8:15:10 PM
From: DuckTapeSunroof  Read Replies (1) of 71588
 
Re: "Liquidity in the Irish economy was also addressed in my post."

That's nice... by the way, did you agree with the thrust of the post? (By jumping away to a claim that I never in fact ever made ['global liquidity'] it sorta OBSCURED whether you were agreeing or disagreeing. <g>)

Re: "Then Ireland reduces its government spending by X euros. Spending goes down by X. Revenue goes down by X*2*(1/3) or 2/3 X. 2/3rds is less than 1."

Nice speculating about percentages....

Excepting for the fact that that has NOT been the break-down of the ACTUAL RESULTS that Ireland has seen thus far. (Admittedly: short-run results are all that is yet available....) So your assumed percentages are not supported by available evidence (thus far).
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