Saturday, May 31, 2014

What Have We Learned About Austerity Since the Great Recession?

www.americanprogress.org/issues/economy/report/2014/05/30/90621/what-have-we-learned-about-austerity-since-the-great-recession/
"The takeaway for policymakers is simple. Fiscal stimulus is a much more powerful tool in today’s economy than we previously thought, and the austerity policies we have been pursuing are even more costly."