Saturday, 21 April 2012

one plus one equals three

The paradoxical worldview of this most misanthropic of governments:
How, you might think, can you sustain the position that bringing the budget into surplus will lower interest rates; yet running deficits has not resulted in higher interest rates? Easy! All you need do is to hold two contradictory stories as both true. Can’t manage that? Well that certainly rules you out as a budding occupant of an economic ministry in the Gillard government.

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