Our Economic Times: The Fanciful World of Expansionary Austerity

Document Type

News Article

Publication Date

4-4-2012

Publication Title

Savannah Morning News

Abstract

This news article was published in Savannah Morning News.

The policy debate surrounding the developed world’s economic growth prospects is alive and well - OK, maybe just alive. Somehow, there remains a slice of popular discourse in the U.S. currently promoting the promise of austerity measures as an engine for growth. And, on the contrary, there are those convinced of its impotence. With the wave of politically infused ideologies the world over, there is no hard and fast resolution to this issue and how it applies to current U.S. fiscal and economic policy...

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