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Spain unveils new austerity under European pressure
Meanwhile the OECD sees long term dangers in the incredibly high rates of youth unemployment in countries like Spain and Greece.
What can Spain do to fix the high rate of unemployment among its youth (50% or more) while at the same time...
http://livewire.talkingpointsmemo.com/entries/romney-we-dont-need-more-firemen-more-policemen
So the official GOP position is that we have too many cops on the beat? Too many firemen fighting wild fires from global warming recurring flooding? Too many teachers to teach our kids?
Is that...
So much for European austerity.
http://www.telegraph.co.uk/finance/financialcrisis/9314666/French-president-Francois-Hollande-cuts-retirement-age.html
I hope they don't raise the retirement age for Social Security in the US, but I have a feeling that could be the case if Romney became president.
Austerity Does Not Produce Prosperity
Is Kuttner right? I understand that austerity will cause a recession, but if there's a serious misallocation of resources caused by too much government-sponsored make-work, a recession may be the only cure to free up those resources so that they can be...
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