9 years ago
1
Don’t Turn America Into Europe
The Europeans—some of them, anyway—are finally beginning to concede that austerity has gone awry. There’s less growth, more structural unemployment, little bank lending and economic contraction. And now, of course, we have a political backlash in the person of Alexis Tsipras, the leader of Greece’s Syriza party, who upon winning...
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Simply don't adopt programs that can not be financed.....Oooops too late.