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APR 18, 2013 - The Nation

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Paul Ryan's Austerity Agenda is Based on Bad Math

Paul Ryan’s numbers are wrong. Really wrong. The paper the House Budget Committee chairman has used as the intellectual and statistical underpinning for his austerity agenda has been significantly discredited by the revelation that essential data was excluded from the study, leading "to serious errors that inaccurately represent the relationship between public debt and growth." The Harvard professors who produced the paper – which Ryan cited as recently as last month – have acknowledged their mathematical error. Now, the question is whether Ryan and conservative ... Read More

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