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The Progressive Economics Forum

The Myth of Expansionary Fiscal Austerity

This looks like a good contribution from Dean Baker.

http://www.cepr.net/documents/publications/austerity-myth-2010-10.pdf

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Comments

Comment from Paul Tulloch
Time: October 21, 2010, 9:54 am

or you could call it- the return of Hoover- I do think the Hoovervilles have already made their appearances on the city scapes- just wait their still is plenty of vacancy but not for long if such acts of barbarism are allowed to pervade the global landscape.

Lets see rampant global austerity- beggar they neighbour exchange rate wars, and racing to the bottom assaults on wages and social benefits-

what else would we expect from right of center politicians- amazing simply mind blowing- digit numbing, concussion like blows to the head economic solutions.

Oh boy we are in for it. What next for the culling of he herd- locust in the wheat field?

Comment from Travis Fast
Time: October 21, 2010, 10:18 am

Britain just embarked on its 150 billion austerity plan. The proof of the pudding will be in the eating.

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