Today's entry in the NYT, David Brooks insists that, "Nearly 80 years later, it’s hard to know if the New Deal did much to end the Great Depression."
Okay then...let's take a look at what happens when you go contrarian to Keynes and do the German austerity thing in Spain: you get unemployment that is now greater than US during the Great Depression. Twenty-one straight months of recession, Mr. Brooks. TWENTY-ONE.
Clear enough? No?
Then how about British austerity? Thank you very much, double-dip recession.
Everyone is starting to get it...except US conservatives, that is: Onward to austerity, America marches! (to the gallows)
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