02
Jun
12

the economy, smart?

paul krugman on agenda-free economics

“So the austerity drive in Britain isn’t really about debt and deficits at all; it’s about using deficit panic as an excuse to dismantle social programs. And this is, of course, exactly the same thing that has been happening in America.”

only part of the answer — charging financial gangsters enough for their crimes that it’s cheaper not to (and use the fee to bail out the rest of us, like homeowners), is the next?

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