|
|
|
|
|
by Retric
519 days ago
|
|
Percentage drops don’t add they multiply. A 20% drop on its own is 20%, but if prices fell 33% it requires a separate 16.25% drop not a 13% drop. Meaning deregulation was responsible for 55% of the total decline for the numbers to work out. PS: If they’re confused or lying in just that blurb I’d question the rest of their analysis. |
|
My general feeling is always that if someone is going against the consensus of the experts who have studied something (whatever the issue is - it could be climate change or GMO food or effects of airline deregulation or whatever) I think the burden of proof is on the person who claims the experts are all wrong.