Tuesday, September 24, 2013

It's the Austerity, Stupid: How We Were Sold an Economy-Killing Lie

www.motherjones.com/politics/2013/09/austerity-reinhart-rogoff-stimulus-debt-ceiling
"Austerity is working out fine for the 1 percent: Their jobs are safe, their investments are growing, and their taxes are low. But the rest of us are paying a high price in the form of slow growth, high unemployment, and stagnant wages for years to come. All things considered, we've been remarkably tolerant of our fate. The folks who run the world might do well to ponder how long that's going to last."

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