tag:blogger.com,1999:blog-2546602206734889307.post2150782064665240294..comments2024-03-28T04:29:22.717+00:00Comments on mainly macro: Comparing the UK and US recoveriesMainly Macrohttp://www.blogger.com/profile/09984575852247982901noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2546602206734889307.post-60169110540793777662012-06-19T11:04:54.180+00:002012-06-19T11:04:54.180+00:00This comment has been removed by a blog administrator.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2546602206734889307.post-52285717688873250572012-04-01T02:11:18.297+00:002012-04-01T02:11:18.297+00:00More likely, given civil service timeframes, that ...More likely, given civil service timeframes, that the outline of that speech was written before interest rates were dropped. There are implementation lags in rhetoric as well as actions.<br /><br />But it was still very dumb - it was always apparent that the zero bound would be reached in the near future even if they hadn't full arrived yet.derrida deriderhttps://www.blogger.com/profile/01188777386180390172noreply@blogger.comtag:blogger.com,1999:blog-2546602206734889307.post-21845915100682692822012-03-31T12:40:33.448+00:002012-03-31T12:40:33.448+00:00Odd (that last bit), one can only assume either Os...Odd (that last bit), one can only assume either Osborne was parroting a speech he did not understand, or he fully understands the implications and simply does to want to admit he is wrong and change course.Anonymousnoreply@blogger.com