German elites view southern Europeans as inferior
As long as Germans view the current crisis as a “southern” problem, recovery can't happen
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America’s permanent dead zones
As other parts of the nation recover, certain communities from Dodge City to Durango remain in persistent decline
Friday, Jan 27, 2012 4:48 PM UTC 143News AlterNet, Great Recession
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Paul Krugman’s right: Austerity kills. "In an economy where we’re all in the same boat, one person’s spending is another person’s income. So when the government cuts spending, it reduces people’s income, leading to less business, more unemployment, and a vicious spiral of slowing down the economy."
318 points319 points320 points | 269 comments
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