Thursday, August 16, 2012

Arthur Laffer: The Real 'Stimulus' Record -

Link: (via

It's interesting to work out the correlation coefficient.  The R^2 value is 0.505, and the zero growth line is at a government spending decrease of 2.6% per year.

So on average, countries that shrank their government by more than 2.6% per year should have experienced positive growth.

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