Yglesias is looking at multipliers crash way below zero

Technical issue in policy making are out of style, but honestly look at that 2010 forecast — people believed that analysis and it drove a lot of bad policy choices.

 There is no history here, this is the usual business of going through  default cycles as government multipliers crash. It is about the fifth time we have done this, and any good technician can look at history of 250 years an discover this to be quite the norm.

Yglesias was lied to by his MIT trained tutors and now they have abandoned rationality to save their puny careers, leaving Yglesias in a fog.

I knew the MIT frauds would execute this cute twist way before they even reached Yglesias. I knew exactly what the current MIT scam would look like even before those brick layers knew their own plot.