Comments for Goldman Sachs Finds Cutting Government Spending Slows Growth, Post Columnist Michael Gerson Says Opposite at http://www.cepr.net , comment 1 to 5 out of 5 comments http://www.cepr.net Wed, 19 Jun 2013 13:36:13 +0100 FeedCreator 1.7.3 http://www.cepr.net/index.php/blogs/beat-the-press/goldman-sachs-finds-cutting-government-spending-slows-growth-post-columnist-michael-gerson-says-opposite#comment-1782 here is some interesting toy`s for small babies recycling their poo to your food. Eat your poo with pleasure. - Gogaproduction Thu, 29 Jul 2010 03:29:36 +0100 http://www.cepr.net/index.php/blogs/beat-the-press/goldman-sachs-finds-cutting-government-spending-slows-growth-post-columnist-michael-gerson-says-opposite#comment-1736 Does Goldma Schs still exist? Do they still haver opinions? Shameless!! Rui - Rui Almeida Mon, 26 Jul 2010 06:40:52 +0100 http://www.cepr.net/index.php/blogs/beat-the-press/goldman-sachs-finds-cutting-government-spending-slows-growth-post-columnist-michael-gerson-says-opposite#comment-1722 Michael Gerson has never struck me as a stupid man - partisan, yes, but not stupid. Since I don't consider him stupid, but know him to be a conservative partisan, my only conclusion about what he's written in this article is that he is being dishonest for effect. I've become cynical, I suppose, as nothing surprises me about what the Washington Post will print nowadays. - Queen of Sheba Sun, 25 Jul 2010 10:26:00 +0100 http://www.cepr.net/index.php/blogs/beat-the-press/goldman-sachs-finds-cutting-government-spending-slows-growth-post-columnist-michael-gerson-says-opposite#comment-1712 Shouldn't that read: "However, it found that a one percentage point decline in government investment expenditures (spending on education, research, infrastructure etc. ) was associated with a 1.25 percent [b]de[/b]crease in growth."? - Stephan Sat, 24 Jul 2010 04:18:53 +0100 http://www.cepr.net/index.php/blogs/beat-the-press/goldman-sachs-finds-cutting-government-spending-slows-growth-post-columnist-michael-gerson-says-opposite#comment-1711 It should be obvious that in most countries now when the private economy fails and unemployment increases various automatic government expenditures such as unemployment compensation kick in, not to mention discretionary stimulus expenditures. Thus while there is a correlation of government expenditures with poor growth the causation is basically opposite to what Gerson assumes. I don't know whether the Goldman economists understand this and have some kind of procedure to identify causation, but my observation is that even trained economists frequently ignore the problems of isolating causation from a correlation and just give the interpretation which agrees with their ideology or preferred dogma. - skeptonomist Sat, 24 Jul 2010 04:15:49 +0100