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Thanks. It contradicts what Simon Wren-Lewis said for a start.

If it's not dressed up as an unbiased view, I don't mind it. It was my high expectations last time that led to my disappointment. "How did a policy that makes so little sense to economists come to be seen by so many people as inevitable?" Is there a link to show that the consensus among...

Actually what I say is that as long as the standard of living increases for the poor, I don't care if the rich also get richer. And if that's your example of me saying things without justifying them, then it's a poor effort. Although your referring to something I must have said a while ago in a...

How ****ing dare you! I did react strongly because the blog was touted as being informative from a respected macro economist and I was hoping to learn something from it, but it read like it was straight from Labour's press office. Had my expectations been lower, I wouldn't have reacted as much...

The recession was 2008-2009. Labour's overall figures are dented by a year of recession, and boosted by several boom years. The coalition's figures don't have any boom years, they just have figures from a slow recovery from a recession that, whatever your political persuasion, was clearly not...

Are you kidding? "who plan to talk about the economy over the next 100 days. Here is a very simple fact. [3] GDP per head (a much better guide to average prosperity than GDP itself) grew at an average rate of less than 1% in the four years from 2010 to 2014. [1] In the previous 13 years (1997...

But no one is suggesting we pay it all off today or tomorrow. What I'm suggesting, is that when times are good, we try and pay off a bit, rather than borrowing more. Well we created a new debt to pay off an old debt, simply because we can borrow more cheaply now than the rate of the existing...

I don't think he was replying to you.

No, that's a way of looking at it, it's not the only way. If that's all you look at, and you want to keep debt stable, then in the boom times (when GDP is high) you can borrow more, and in the bad times (when GDP is low) you have to borrow less. You realise how mental that would be don't you...

They didn't pay the debt down at all. It makes sense to pay off some debt while your economy is booming. Obviously if your economy is booming, the debt is automatically lower as a % GDP, so for short term comparison that's the worst way to measure it, otherwise no one would ever feel the need to...

There was a world wide recession that was the main cause of our recession. I don't blame the greed of bankers, as of course they're greedy, that's basically their remit. And I don't blame Labour for the fact we had a recession, but I do blame them for overspending and failing to pay off any of...