The Austerity Debacle

Britain is doing worse this time than it did during the Great Depression. Four years into the Depression, British G.D.P. had regained its previous peak; four years after the Great Recession began, Britain is nowhere close to regaining its lost ground. Full Story »

Posted by Barry Grossheim - via Paul Krugman, Real Clear Politics, Memeorandum, New York Times (Most Emailed), New York Times (Opinion)

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