Thank a Simple Excel Glitch For Austerity Economics

You know the much-ballyhooed theory that high national debt correlates to crappy economic growth? The one that's trotted out on a regular basis by politicians arguing for austerity budgets and sequestration? Well, according to new findings, the study that austerity proponents cite more than any other is based on an Excel error. A big one. More »

Source: http://feeds.gawker.com/~r/gizmodo/full/~3/yzfrM3VBGow/thank-a-simple-excel-glitch-for-austerity-economics

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