Tag Archives: austerity measures

Austerity measures = medieval bleeding


Millions are protesting in Britain, and it’s no wonder — the government is making an already sick economy even sicker. Paul Krugman provides a good analogy: … History says that a financial crisis reduces long-run growth potential if policymakers don’t … Continue reading

Posted in economic collapse, Great Recession, Occupy Wall Street, Politics, taxes, The New Depression, unemployment, world-wide economy | Tagged , | 1 Comment

Correction, DN — Corbett wields the chainsaw


Here’s Josh Cornfield of the Philadelphia Daily News following up on reaction to the newspaper’s cheesy, Photoshopped front page photo on March 31: The Philadelphia School District apparently loved the Daily News’ cover yesterday as much as district parents and … Continue reading

Posted in Great Recession, livable cities, mainstream media, Philadelphia, Politics, taxes, unemployment | Tagged , , , , , , | Leave a comment