Justification of austerity based on spreadsheet error

[EternalOptimist]

It's known as 'Policy based evidence'

as opposed to 'evidence based Policy'

[fullyautomatix]

Socialists will clutch at any straw to justify the state funding so they can have a luxurious lifestyle and gold plated pensions fully funded by the tax payer. Even the BBC will peddle this crap because they obviously want to suck at the State's teat also. Which of course explains why the BBC support Labour so much who pretty much allowed BBC to raise TV tax above inflation every year.

Keynesian policy has been so grossly mis understood by the socialists its literally hilarious. The main aspects of keynesian policy is that the State would spend a lot more during a recession on capital expenditure like building motorways, bridges and other critical infrastructure.

This theory has been twisted under New Labour to mean that the State should borrow billions and spend on creating unnecessary jobs in the public sector and boost public sector spending.

[minestrone]

"I don't care if the research was poorly thought out, riddled with errors and carried out to try and prove a pre conceived idea, my kids are not getting the MMR!"