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By JonC (registered) | Posted March 05, 2009 at 07:48:13
With common sense.
If you can find a single statistician that would back up your 'facts' based on a few years of cherry picked data, they should be fired from whatever they're doing.
I could easily apply "it appears that if you want a strong economy, you have a large military budget (over 10% of GDP) a moderate non military budget and you make sure that debt to GDP does not increase" to North Korea. A fabulous economy by all accounts.
You can only grasp two maybe three variables at a time, I get it, but just give up that you ever have any hope of understanding statistics let alone economics. I highly encourage you to read up on statistics and once you have an idea of how actual models are derived, examine some of your ideas.
If there was a simple solution to a great economy, everyone would be doing it.
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