Wednesday, May 02, 2012

Maybe in Europe

Krugman is, of course, right that austerity was a horrible idea and has been shown to be so in practice and is getting rejected now in Europe.

But in the United States, I fear, not so much. Without quality economic reporting from our 24/7 talking heads and our business cable networks focused solely on the portfolios of the 1% we have not yet been so educated. The Republicans will not rest until its gated communities versus the rest of us.


JDM said...

Um, it's not actually getting rejected in France, Germany, Italy, Spain, Britain, Ireland or Scandanavia. A few people talking about it doesn't make it so. Greece is still an EU banksters' colony, complete with despairing suicides.

pansypoo said...

as long as the 1% and banksters do no suffer.