Greece Economy 2012: Why U.S. Politicians Are Quiet About Europe’s Meltdown

venus de milo

Shamus Cooke: Working people in the U.S. need to learn to speak Greek, and adopt an increasingly popular slogan that rejects austerity measures: Tax the Rich!

How Austerity Is Ushering in a Global Recession

world-economy-wide

Robert Reich: Chalk up a big part of Europe’s slowdown to the politics and economics of austerity. Europe – including Britain – have turned John Maynard Keynes on his head. They’ve been cutting public spending just when they should be spending more to counteract slowing private spending.

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