Can we please stop arguing over this? Krugman won the argument. Austerity in the times of crisis makes things worse.
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Can we please stop arguing over this? Krugman won the argument. Austerity in the times of crisis makes things worse.
Left with Balls 
Even Bill freaking Gross, the worlds best known bond trader (you know the guy whose job is it to measure the credit of a borrower and thus be naturally suspicious of debt) is now in the anti-austerity camp.
http://www.ft.com/intl/cms/s/0/6c023bdc-a93c-11e2-a096-00144feabdc0.html#axzz2RQK1oBWc