Another Report Confirms That Austerity Is Backfiring In The United Kingdom

Another Report Confirms That Austerity Is Backfiring In The United Kingdom: Former President Bill Clinton today warned House Democrats about embracing austerity as a solution to the U.S.’s economic woes. “Everybody that’s tried austerity in a time of no growth has wound up cutting revenues even more than they cut spending because you just get into the downward spiral and drag the country back into recession,” [...]/p