More evidence showing that austerity is failing, but right-wing ideologues will refuse to believe it. The economic crisis began almost simultaneously in both Europe and the United States with the sub-prime mortgage crisis. The odds were against the US at the beginning and experts expected that Europe would do better, but... what happened? Obamas administration invested wisely and rejected austerity policies, while the conservative-dominated Britain and the EU got stuck with endless austerity and cuts. Now economists say that austerity caused Europes stagnation and lack of growth! Austerity vs investment? Now you can compare for yourself To see the full report: goo.gl/aCXLEp
Posted on: Sat, 03 Jan 2015 16:24:23 +0000
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