Austerity Leading to Global Disaster?

As Paul Krugman has said all along, this is not the time for austerity.

Wow, what a surprise. A U.N. study says austerity, spending cuts, and deregulation are hurting (destroying) economies worldwide. What do they suggest to do instead? Spend! Stop focusing on supply and instead focus on demand! It’s macroeconomics 101.

Austerity is the wrong way.

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