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See WHY Austerity Can't Reduce The Deficit

Austerity -- cutting government benefits and services -- is not the path to fixing deficits. In fact, economists warn that trying to fix a sluggish economy by cutting government spending will just make things worse. Worse yet, this approach can have damaging effects...

Punitive Austerity

Paul Krugman today: So much for complacency. Just a few days ago, the conventional wisdom was that Europe finally had things under control. The European Central Bank, by promising to buy the bonds of troubled governments if necessary, had soothed markets. All that...

The New Austerity Campaign

I see that the New York Times is helpfully reframing the election away from jobs and the economy. Here's the headline on the dead tree version: "Romney chooses Ryan, pushing fiscal issues to the forefront" Huzzah. As Tristero points out below, this would be a lot less...

Death By Austerity

Americans now stand a greater chance of dying from the effects of austerity than being killed in a car crash. At least that's what a new report suggests, if you read between the lines. The study, authored by a West Virginia University professor and published in the...

A Plutocrat Epiphany: All Votes Need Not Count

America's billionaires have realized they really don't have to bother convincing a majority of people to vote their way. They can put their cash instead into campaigns to keep the hard-to-convince from voting. Our two major presidential candidates descended on Ohio...

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