Arithmetic Is Very Simple, But It's Still True

Steven Rattner doesn't like people focusing on stimulus as a path to help Europe grow because it is "simplistic." Instead he wants Europe to focus on reducing business regulation, protections for workers, and taxes for the wealthy.

Interestingly, he presents zero evidence that these changes will boost the continent's growth, in contrast to the now vast amount of evidence (e.g. here, here, and here) that stimulus will increase growth. On their face, many assertions seem outright wrong. For ex...