(from DownWithTyranny!)
A Personal Blog
by Michael Froomkin
Laurie Silvers & Mitchell Rubenstein Distinguished Professor of Law
University of Miami School of Law
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All opinions on this blog are those of the author(s) and not their employer(s) unelss otherwise specified.
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It might be more dramatic if presented as percent of GDP. The GDP price deflator has increased by 6.6% since the time of the 2010 budget.
This is not just awful. It is totally bad!
Yes, that’s right.