Europe is showing us that austerity is not the way to recover from recession. And the IMF said as much in its last report. Our favorite economist, Paul Krugman knows that stimulus and spending are the only thing that will get the economy going again.
http://www.nytimes.com/2012/10/12/opinion/krugman-triumph-of-the-wrong.html?ref=opinion&_r=0
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