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WI's Economic Growth Dropped 73% Between Doyle and Walker

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WI's Economic Growth Dropped 73% Between Doyle and Walker

Postby Beaver » Thu Jun 21, 2012 8:04 pm

That's what this headline says. But I don't get it. If there was a 4.1% increase in 2010 with Doyle and 1.1% increase in 2011 with Walker how is that a 73% drop? Isn't tat a 3% drop?

WI's Economic Growth Dropped 73% Between Doyle's Last Year and Walker's First Year
http://www.uppitywis.org/blogarticle/wi ... r-and-walk

"Now that the recall is over, the Wisconsin Department of Revenue has conveniently just released their spring Economic Outlook Report that just happens to show that Wisconsin Real Gross Domestic Product (GDP) dropped from a 4.1% increase in 2010 to a dismal 1.1% increase in 2011, AKA Walker's first year in office. That is a 73% drop from Doyle's last year in office to Walker's first year in office."
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Re: WI's Economic Growth Dropped 73% Between Doyle and Walke

Postby fisticuffs » Thu Jun 21, 2012 8:52 pm

It's called math. It's misleading but only if you don't understand it. Take out your calculator. Kind of like the Walker ads "Tom Barrett raised taxes over 60% blah blah blah". 4.1% - 73% is not 4.1-73.
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Re: WI's Economic Growth Dropped 73% Between Doyle and Walke

Postby Igor » Thu Jun 21, 2012 10:38 pm

The oldest trick in the book. Smaller increases than planned are cuts, second derivatives are portrayed as first derivatives, etc.
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Re: WI's Economic Growth Dropped 73% Between Doyle and Walke

Postby Detritus » Thu Jun 21, 2012 11:03 pm

Igor wrote:The oldest trick in the book. Smaller increases than planned are cuts, second derivatives are portrayed as first derivatives, etc.

Smaller cuts than planned are increases--don't forget that one.
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Re: WI's Economic Growth Dropped 73% Between Doyle and Walke

Postby O.J. » Fri Jun 22, 2012 8:22 am

Beaver wrote:That's what this headline says. But I don't get it. If there was a 4.1% increase in 2010 with Doyle and 1.1% increase in 2011 with Walker how is that a 73% drop? Isn't tat a 3% drop?


The growth rate fell by that amount.

(4.1-1.1)/4.1 = 73+%
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Re: WI's Economic Growth Dropped 73% Between Doyle and Walke

Postby Cornbread » Fri Jun 22, 2012 7:26 pm

wow, with everyone here using the same leftist opinion generating blogs, it shouldn't be surprised that they all come to the same (mostly wrong) conclusions.

WI's Economic Growth Dropped 73% Between Doyle's Last Year and Walker's First Year
http://www.uppitywis.org/blogarticle/ blah blah blah


Interesting proposition. So if Gov. Walker is responsible for any declines from the previous administration's last year, is then the avowed socialist obama then also fully responsible for everything from his first year screwing things up onward?

[cue crickets chirping]
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