| Teesus | Date: Saturday, 2013/06/29, 1:35 PM | Message # 1 | DMCA |
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 Lionel Bonaventure/AFP/Getty Images
British Prime Minister David Cameron and European Commission President José Manuel Barroso, Brussels, May 2012
Austerity has failed. It turned a nascent recovery into stagnation. That imposes huge and unnecessary costs, not just in the
short run, but also in the long term: the costs of investments unmade,
of businesses not started, of skills atrophied, and of hopes destroyed.
What is being done here in the UK and also in much of the eurozone is worse
than a crime, it is a blunder. If policymakers listened to the arguments
put forward by our opponents, the picture, already dark, would become
still darker.
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