U-S-A, U-S-A: Our Terrible Growth Is Still the Envy of the Rich World

The Atlantic

In other words, the global recovery is still fragile, and policymakers shouldn't underestimate its fragility. If that sounds like the same story you heard in 2010 or 2011 or 2012, well, that's because it is. And that's why we need to give austerity the works.

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