Tag Archives: Europe

Austerity Does Not Stimulate Economic Growth

Posted on September 2, 2012 at 9:21 am by Bob Cesca

The best evidence in support of Keynesian economics and against austerity continues to be Europe which, rather than investing in the economy, is freaked out about debt and has been actively cutting spending to assuage the freak out. The contraction … Continue reading →

Posted in Economy | Tagged , , , , | 8 Comments

The View From Europe

Posted on June 7, 2012 at 5:05 pm by JM Ashby

The Altantic Wire has a collection of reactions to the unsuccessful recall of Scott Walker from overseas. Here are a few of my favorites which American newspapers would never print. “Wisconsin is not France,” reads the headline of Pierre-Yves Dugua’s … Continue reading →

Posted in Unions | Tagged , , , | 4 Comments

President: Eff Austerity

Posted on May 21, 2012 at 7:19 am by Bob Cesca

Progress at the G8 summit. President Obama urged European leaders to spend more on economic growth. Confronting an economic crisis that threatens them all, President Barack Obama and leaders of other world powers on Saturday declared that their governments must … Continue reading →

Posted in Economy | Tagged , , , , | 3 Comments

Attracting the Religious Right

Posted on May 6, 2012 at 6:20 pm by JM Ashby

Artist – Chris Weyant In other news, French President Nicolas Sarkozy, who has backed austerity in France and the EU, was ousted today by the socialist candidate Francois Hollande. Hollande ran on an anti-austerity platform and won 51 to 48 … Continue reading →

Posted in Open Thread | Tagged , , , , , , | 1 Comment

Austerity Driving Eurozone Unemployment

Posted on March 5, 2012 at 2:30 pm by JM Ashby

If you’re looking for a living, breathing example of the consequences of imposing austerity in the middle of a recession, look no further. Europe, who for some inexplicable reason embraced the sweaty palm of austerity over the past two years, … Continue reading →

Posted in Economy | Tagged , , , , | 6 Comments

Austerity Has Failed in Europe

Posted on January 30, 2012 at 12:50 pm by Bob Cesca

Shocker! Bowing to mounting evidence that austerity alone cannot solve the debt crisis, European leaders are expected to conclude this week that what the debt-laden, sclerotic countries of the Continent need are a dose of economic growth. Economic growth raises … Continue reading →

Posted in Economy | Tagged , , , , | 11 Comments

Crossing Into The Euro Zone

Posted on November 11, 2011 at 8:00 pm by JM Ashby

Artist – RJ Matson In other news, Herman Cain is tanking and Newt Gingrich is surging. In a CBS News poll released on Friday, Cain was first at 18 percent — down from 25 percent in late October — and … Continue reading →

Posted in Open Thread | Tagged , , , , , , | 6 Comments

Austerity In Europe Has Failed

Posted on February 23, 2011 at 12:48 pm by Bob Cesca

Via Balloon Juice, it appears as if “sitting around the dinner table and tightening various belts” isn’t working out so well in Germany and the UK: With its modest stimulus winding down, Germany’s growth slowed sharply late last year, and … Continue reading →

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