Austerity's grim legacy is even worse than we critics feared

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Published by Anonymous (not verified) on Sun, 08/11/2015 - 11:45pm

When economic crisis struck in 2008, policymakers by and large did the right thing, but in 2010, more or less suddenly, the policy elite on both sides of the Atlantic decided to stop worrying about unemployment and start worrying about budget deficits instead.