Tuesday, October 30, 2012

What Spain Should Be Teaching U.S. Conservatives About Austerity

What Spain Should Be Teaching U.S. Conservatives About Austerity: According to the latest data from its government, Spain’s economy contracted for the fifth straight quarter during the three months ending in September. Despite this, Spain seems intent on doubling down on austerity measures, as Reuters reported: Gross domestic product shrank for the fifth straight quarter between July and September, dropping 0.3 percent, while consumer [...]/p