Wake up, Republicans! Everywhere austerity has been tried it has failed!

Pat Cunningham

As you may have read in the past few weeks – HERE, for example — the intellectual  underpinnings of Republican theories on austerity economics have been pretty much debunked.

HERE‘s more on that matter:

Academia remains incredulous as evidence accumulates that the Reinhart-Rogoff paper that underwrote much of the intellectual justification for austerity economics omitted important data and contained severe Excel errors. Some are calling it a technical knockout of austerity economics, handing victory to the anti-austerity faction of economists…

Reality had already done serious damage to austerity economics. Everywhere austerity has been tried it has failed leading ...

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