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Politics : American Presidential Politics and foreign affairs

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To: DuckTapeSunroof who wrote (43517)	5/26/2010 9:07:04 PM
From: TimF	Read Replies (1) of 71588

The Macro economic results (including liquidity of course...) in Ireland are reported at least quarterly. (Not hypothetical....) The results of Ireland's economy are measured. The results of the policy are not. Seeing the following 1 - Deficits = X 2 - Policy Y happens. 3 - Deficits equal Z (with Z>X) Does not imply, or even suggest that policy Y increased the deficit. See skepdic.com You can reasonably say, without the need for any speculation, that an austerity package happened, and deficits increased. But saying that the austerity package caused the deficits to increase (as the person you quoted, linked to, and supported did), is not supported by the facts you mentioned.

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