How does austerity work

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The Something Awful Forums > Discussion > Debate & Discussion > How does austerity work

V. Illych L.: Apr 11, 2008; ASK ME ABOUT LUMBER

KingFisher posted:

I disagree with you about the effects of austerity, but to say Greek has done everything that was asked of it and more is disingenuous.

The latest bail out program wouldn't have many of the previous reforms as conditions if they had kept their word.

so why do you insist on using an adjective as a proper name

is it because you're shockingly ignorant? i posit that this may be the case

# ¿ Jul 20, 2015 02:59

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V. Illych L.: Apr 11, 2008; ASK ME ABOUT LUMBER

uh austerity before the crisis would not have been austerity, as "austerity" commonly used refers to cutting spending in response to a downwards conjuncture in the economy, not countercyclical spending

# ¿ Jul 24, 2015 14:57

V. Illych L.: Apr 11, 2008; ASK ME ABOUT LUMBER

probably the most resolutely keynesian european country, norway, weathered the 2008 crash with barely any economic perturbations at all

# ¿ Jul 24, 2015 14:58

The Something Awful Forums > Discussion > Debate & Discussion > How does austerity work