But this is not the first time that misguided politicians have led populist measures.
America's misguided Treasury Department mistakenly believes a cheaper dollar will mean a better trade balance.
So cost-benefit analysis is rarely dispositive, but to say that costs are irrelevant is just misguided.
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Further, the downgrades and negative writeups put out by Wedbush and TheStreet.com yesterday were misguided.
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But if Kozmo's old business plan was silly, this new one may be nearly as misguided.
Only it is beyond my reach because coverage from insurance or medicare remain misguided and misaligned.
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Believers say that the holiday is about sacrifice for others and forgiveness for a misguided humanity.
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To see how misguided economic theories have laid waste to confidence lately, look at Argentina.
If the acts themselves were misguided, they shrugged, at least the motive of jihad was pure.
But an angry Munro hit back, saying anyone calling him a foreigner was misguided.
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Conversely, government dysfunction or misguided fiscal policy can cause self-inflicted wounds to the economy.
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This is not to imply that people who voice concerns about cell phone radiation are misguided.
Thanks to that misguided notion, we now have a lot of development behind those sea walls.
Moreover, the micro impact of misguided policies on specific families and local communities can be immense.
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"They were apologetic from start to finish and kept repeating they'd been misguided, " Mr Rowland said.
The simple answer is that we cling to the misguided belief that humans are rational creatures.
At worst, the claims appear to represent an after-the-fact justification for a misguided six-year investigation.
With China's misguided protection, the harm the radioactive Mr Kim is doing just goes on spreading.
Many companies cling to the misguided notion that their strategic plans will unfold exactly as written.
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But it is also misguided: it puts abstract principle over the business of governing.
Bloomberg called the measure a well-intended but misguided effort that would create more lawsuits than jobs.
The insistence on buying a house to live in, however, may in fact be misguided.
Davnie says it's easy to see the effects of misguided subprime lending in his city.
Some militant groups, however, are quick to denounce Mr bin Laden as a misguided renegade.
Misguided intervention cannot do enough harm to explain the chasm that separates Mozambique, say, from Sweden.
Mr Ashton said it was a "misguided" decision by his own party to create the role.
In February, the Labour government apologised for the "misguided" programme, which ended in 1970.
Getting the to-do list right is trickier, not least because misguided meddling could make unemployment worse.
The difficulty of making a non-Maoist government is a clue to how misguided it would be.
This misguided editorial decision was far more destructive than the explosion of digital publishing.
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