Lesson From Europe: ‘Savage Austerity’ Won’t Help

Just a few years ago, global leaders knew they had to focus on job creation before they tackled deficits. But that strategy “has been abandoned in the face of phantom risks and delusional hopes,” writes Paul Krugman in the New York Times . Now, it’s all about reducing the deficit through…

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Lesson From Europe: ‘Savage Austerity’ Won’t Help

Posted by on March 25, 2011. Filed under News, World News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.