The past two months’ run-up to the austerity bomb’s detonation has already reduced projected real GDP growth in 2013 from 3% to 2.5%, and has raised likely end-2013 unemployment from 7.5% to 7.7%. Each day from January 1 to June 30 that the damage continues will have a roughly linear impact on economic performance in 2013, reducing the likely full-year real GDP growth rate by 0.0084% – and only if a deal is ultimately reached that would have caused no economic harm in 2013 had it been reached on November 10, 2012.