Austerity: Kind of a Drag

CPER-CA-austerity 350

Sylvia Allegretto: It simply never made any sense to make an already weak economy weaker by slashing government spending before having a sustained and robust recovery. Sylvia Allegretto:It simply never made any sense to make an already weak economy weaker by slashing government spending before having a sustained and robust recovery.

Household Income: Slip Slidin’ Away

sylvia allegretto

Sylvia Allegretto: In recent expansions post-recession income gains have taken longer to materialize and given the enormity of the Great Recession it may be years before we see any improvement.

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