November 14, 2012

350 Economists Call On Congress To Invest In Job Growth Instead Of Austerity

350 Economists Call On Congress To Invest In Job Growth Instead Of Austerity: America’s fledgling economic recovery is being threatened by “obsessive concern with cutting deficits that has infected both parties,” a group of 350 economists wrote in a letter to lawmakers this week. Instead of focusing on deficit-reducing austerity measures that will do nothing to fix the “mass unemployment, rising poverty, and declining wages” that are holding [...]/p