SEEING IS BELIEVING – FISCAL CRISIS AND THE AUSTERITY TRAP IN 4 SIMPLE GRAPHS

jea4

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Wednesday December 12, 2012 · 1:53 PM PST

2012/12/12 · 13:53

I thought I would use graphical analysis to explain why AUSTERITY IS A REALLY BAD IDEA DURING A FISCAL CRISIS! I am not an economist, but I have spent 20 years teaching graphical analysis and climate change to non-science majors. While I want my students to understand climate change, I also want to convince them that the tools I use to simplify the complexity of climate change could be used in business, in marketing, even in criminal justice. If you can read graphs you do not need to be an expert to predict how a complex system will respond to change. All you need is a willingness to think, to imagine and to accept what the graphs tell you.

So after 20 years of preaching to my students, I thought I’d put my money where my mouth is and see if I could use graphs to show just how bad an idea the SERIOUS PEOPLE are pushing when they demand austerity budgets. I think I have succeeded. Follow below to see if you agree.

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