G20 spending is bad, but these comparisons are stupid.
Posted by turdslinger on June 1st, 2010 at 9:35 pm
So the combined spending for the G8 and G20 events dwarf the spending of other large but in no way obviously directly comparable events.
Comparing the G8 and G20 to another G8 doesn’t make any sense.
If the 2002 G8 was $190 million, and the G20 is equal to the G8*20/8, then the combined expense would be expected to be $665 million. Which is a stupid calculation. But that’s what you get when you start with a stupid comparison.
I’m not saying the spending isn’t ridiculous, I’m just saying poor comparisons are no way to support that ridiculousness.
June 1st, 2010 at 9:51 pm
[...] G20 spending is bad, but these comparisons are stupid. [...]