European Tribune - Comments - Economic hypothesis

Economic hypothesis | 30 comments (30 topical, 0 editorial, 0 hidden)

Re: Economic hypothesis some data (none / 0)

The figure is $6 trillion, not billion, which is not all that far from the US federal debt over this period.

In the original post, you didn't say which deficit you meant:

Federal deficit?
Combined govt (federal/state/local) deficits?
Trade deficit?
Balance-of-payments deficit?

by tyronen on Wed Nov 30th, 2005 at 03:45:46 PM EST
[ Parent ]

Re: Economic hypothesis some data (none / 0)

Oops! Thanks for catching that. I should use scientific notation.

My guess was that the deficits (domestic federal and trade) were basically used to make the rich richer. It seems like I'm mostly correct.

Policies not Politics
---- Daily Landscape

by rdf (robert.feinman@gmail.com) on Wed Nov 30th, 2005 at 04:36:22 PM EST
[ Parent ]

Not necessarily (none / 0)

The figures being of similar magnitude implies at most correlation, not causation. Even correlation requires stronger proof than that.

by tyronen on Wed Nov 30th, 2005 at 06:12:25 PM EST
[ Parent ]

Economic hypothesis | 30 comments (30 topical, 0 editorial, 0 hidden)

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