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View Diary: 350 economists sign letter advocating jobs and growth rather than austerity and budget cuts (86 comments)

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  •  Last spring, 12 countries in double dip (2+ / 0-)
    Recommended by:
    jfromga, elwior

    with the US flirting with the double dip.

    FDR 9-23-33, "If we cannot do this one way, we will do it another way. But do it we will.

    by Roger Fox on Thu Nov 15, 2012 at 02:43:21 PM PST

    [ Parent ]

    •  In England they're now talking about the (3+ / 0-)
      Recommended by:
      jfromga, Roger Fox, elwior

      possibility of a "triple dip" next year and saying that this will cost them their AAA rating.

      •  cant walk the tightrope for ever (1+ / 0-)
        Recommended by:
        elwior

        either spend to simulate or slide off the cliff.

        The US has 25 million who would take a year round full time job. Well maybe 28-29 million.

        The "system" will generate another recession before the end of the decade, possibly before Obama leaves office. Because the system is unstable.

        FDR 9-23-33, "If we cannot do this one way, we will do it another way. But do it we will.

        by Roger Fox on Thu Nov 15, 2012 at 03:10:11 PM PST

        [ Parent ]

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