Posts Tagged ‘Budget’

In This Indebted World, Austerity May Be Forever

By 2010, everyone had heard the ‘austerity’ rallying cry. Immediately following the 2008 financial crisis, especially in Europe, it resounded: ‘Stimulate no more, now is the time for all to tighten!’ And tighten governments did, cutting public expenditure across continental Europe, and in the United Kingdom and the United States. The logic behind ‘austerity’ holds […]

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