Austerity Anyone?

The economic geniuses of Europe (and America) are trying desparately to find a nation that is thriving due to austerity policies.  What have they come up with?  Latvia!  With unemployment above 14%?  Our  favorite economist tells us where they should be looking.

http://www.nytimes.com/2013/02/01/opinion/krugman-looking-for-mister-goodpain.html?ref=opinion