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
This looks like a good contribution from Dean Baker.
http://www.cepr.net/documents/publications/austerity-myth-2010-10.pdf
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?
Britain just embarked on its 150 billion austerity plan. The proof of the pudding will be in the eating.