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View Diary: Top Sign That Austerity Doesn't Work (11 comments)

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  •  Heh. Definitely preaching to the choir. (11+ / 0-)

    THAT said, yes, you (and Krugman) are absolutely correct...and I think the point needs to be made Over and Over and Over again:

    You cannot Austerity your way out of a downturn caused by a bubble.  Your austerity will only destroy your economy that much faster...

    which is what we're seeing in Europe.  Thanks, Angela!

    Of course, this might be a feature not a bug, if you are the GOP and want to channel all available monies from the middle and working classes into the pockets of the super-rich who are bankrolling you.

    I call him Rick Scumtorum because he IS scum: pond scum, with the brain of an alga.

    by Youffraita on Sun Mar 04, 2012 at 01:37:45 AM PST

    •  Yup - We need more Zombie Truths (5+ / 0-)

      We can't let them continue to be buried by 'consensus', 'common wisdom', Very Serious People, one-hand other-hand journalism, or conservative think-tank propaganda mills and the right wing echo machine.  We have to keep sending them staggering through the streets, breaking down the doors, and devouring the closed minds making bad policy.

      "No special skill, no standard attitude, no technology, and no organization - no matter how valuable - can safely replace thought itself."

      by xaxnar on Sun Mar 04, 2012 at 04:51:27 AM PST

      [ Parent ]

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