Don’t Get Suckered Into The “Austerity” Argument

http://economicrisis.com/dont-get-suckered-into-the-austerity-argument/315

Don’t Get Suckered Into The “Austerity” Argument

“Recovery Shows a Soft Spot,” declared a banner headline of a recent edition of the Wall Street Journal. “Soft spot” pretty much sums up the Journal’s explanation for a reported 0.1% contraction in gross domestic product (GDP) in the fourth quarter of 2012.

Viewing things from further west on 8th Avenue and 41st Street, The New York Times spun
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