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.
AAR Rail Traffic in November: "Continued Economic Uncertainty Reflected in
Rail Volumes"
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From the Association of American Railroads (AAR) AAR Data Center. *Graph
and excerpts reprinted with permission*.
*Continued Economic Uncertainty Reflecte...
1 hour ago

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