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Sulphagnist
Oct 10, 2006

WARNING! INTRUDERS DETECTED

Bwee posted:

Can someone please explain the pro-austerity argument, I understand that it's a "rich get richer" thing but they can't sell it like that

"A national economy is exactly like a household economy and if you are in a lot of debt you have to tighten the belt." It's dangerous because it's intuitive and emotionally appealing, yet completely wrong.

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