This isn’t even close to what’s happening. And as the space between what these experts think should happen and what global elites are actually doing grows, the experts’ forecast is becoming more and more pessimistic.
Saturday, December 10, 2011
Economic Experts Gather In DC To Explain Why Politics Has Doomed Us
As the U.S. government and governments in Europe respond
to the global economic slump with conservative austerity measures, it’s
easy to forget that the overwhelming professional economic consensus is
that depressed countries that can afford to should be doing the opposite
— ramping up government purchases of goods and services and putting off
the budget cuts and tax increases for a few years.
This isn’t even close to what’s happening. And as the space between what these experts think should happen and what global elites are actually doing grows, the experts’ forecast is becoming more and more pessimistic.
This isn’t even close to what’s happening. And as the space between what these experts think should happen and what global elites are actually doing grows, the experts’ forecast is becoming more and more pessimistic.
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