3 ms·
"Countries that took emergency measures to reduce public borrowing have mostly suffered weaker growth, as in the case of Britain from 2010 to 2012" Someone is
by gd1 12y ago
"Countries that took emergency measures to reduce public borrowing have mostly suffered weaker growth, as in the case of Britain from 2010 to 2012"
Someone is going to have to point out for me where this supposed 'austerity' happened in the UK, because I'm f*cked if I can see it.
Charts are here: http://www.bbc.co.uk/news/business-25944653 http://www.bbc.co.uk/news/business-25944653
Definition of a Keynesian: someone who thinks a 6% of GDP budget deficit is 'austerity'.