‘Self-Described Fiscal Conservatives Cannot Be Taken Seriously’

There are three main views of the financial crisis and the most recent recession. In the first two views, the debate over the fiscal deficit is quite separate from what happened in the crisis. But in the third view, the financial crisis and likelihood of fiscal austerity are closely linked.

Read more: Debt, Deficit, Aftershock, Social Security, Fault Lines, Financial Reform, Financial Crisis, Dodd-Frank Act, Entitlement, Third World America, Wall Street, Austerity, Politics News

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