Here's a very recent post - with a graph, from Prof. Dr. Dr. Krugman (did I forget an additional Dr.? --- I think so, but not sure). It tells you all you really need to know about austerity as plan for growth. Please follow link to original
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The Irish Model Continues to Shine
Remember how Ireland’s vigorous recovery proved Keynesian economics — and smarty-pants Keynesian economists — wrong?
Neither do I.
PCE Measure of Shelter Slows Slightly to 5.8% YoY in March
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Here is a graph of the year-over-year change in shelter from the CPI report
and housing from the PCE report this morning, both through March 2024.
[image: ...
3 hours ago
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