Science*Good
Active Member
- Nov 2, 2014
- 99
- 18
- 31
Obama s Economic Record Is Strong Even Though Wages Are Stagnant New Republic
I call him Superman, seems many who know what they are talking about, agree.
Imagine if rightwingers bent on destroying Obama and the country, if necessary, wouldnt insist on austerity...
I call him Superman, seems many who know what they are talking about, agree.
Imagine if rightwingers bent on destroying Obama and the country, if necessary, wouldnt insist on austerity...
To understand just how damaging austerity is, one has to look no further than Europe. Forced by Germany into steep austerity, Greece, Italy and Spain have taken drastic steps to cut their spending. But that hasn’t unlocked stronger economic growth, as conservative economic theory predicted. Instead,unemployment is at 27 percent, 12.3 percent and 24.4 percent in those three countries respectively. In the Euro area, the unemployment rate is still 11.5 percent.