The Siren Song of Austerity

The Siren Song of Austerity
(AP Photo/Lynne Sladky)
Among the many lessons of the 2008 financial crisis and its aftermath in the United States is that there is no good reason to start worrying about debt when unemployment remains high and interest rates low. The hasty embrace of austerity derailed the last recovery, and it must not be allowed to do so again. Read Full Article »


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