How Austerity Stifled The British Economy (And The Rest Of Europe) In Three Charts

How Austerity Stifled The British Economy (And The Rest Of Europe) In Three Charts: Last week, the United Kingdom received its first ever credit downgrade, as continued austerity has dragged down the country’s economic growth. Britain’s conservative government, however, is forging ahead. Finance Minister George Osborne yesterday called for the UK to “stick to its course.” The UK, though, is a prime example for why austerity should be avoided [...]/p