OECD is Latest Economic Bigwig to Question Austerity's "Loop of Doom" | Common Dreams | Breaking News & Views for the Progressive Community
Austerity harms economies, crushes people, and dismantles hope.
And reason, writes Yanis Varoufakis of Greece, "demands an end to this loop of doom."
"Governments...should
stop obsessing about cutting their way back to financial health and
consider growing their way out of the red instead," wrote the Guardian's economics editor Larry Elliot on Wednesday. (Photo: Michael K. Donnelly/flickr/cc)
stop obsessing about cutting their way back to financial health and
consider growing their way out of the red instead," wrote the Guardian's economics editor Larry Elliot on Wednesday. (Photo: Michael K. Donnelly/flickr/cc)