Wednesday, September 26, 2012

A non-post

It is hard to write about politics, since most claims break down the moment you check facts.

In an Uusi Suomi article, PTT think tank's Lahtinen claims that from 2008 to 2012 Finnish public sector swelled by 40000 employees, while private sector shrank by 70000 persons, resulting in horrible budget deficit and Greek level debt unless we react now.

Bullshit. says that from 2008/II to 2012/II private-sector employment decresed by 47000 persons, while public-sector employment increased by 1000 persons (40 times less than in the article.)

However, the time series is very noisy: there is a 100000 person seasonal variation between 2008/I and 2008/II. A think tank who knows conclusion beforehand can pick statistics to support just about any claim.

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