Why is austerity so unpopular in Europe? Because it’s not working. – The Washington Post

Europeans are rebelling against austerity. That’s the read on Sunday’s elections in Greece and France. But why do voters loathe austerity? Perhaps because, as economists have found, efforts to rein in budget deficits can take a wrenching toll on living standards, especially in a recession.

more at Why is austerity so unpopular in Europe? Because it’s not working. – The Washington Post.

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