Wednesday, April 25, 2012
Austerity? Still Sucks!
Britain, the foremost practioner of austerity, has slid back into recession.
I'm sure conservatives on both sides of the Atlantic will either blame this on the Greeks or suggest that "recessions are good for you" by building moral fiber.
I think we know which way David Brooks will go.
Now I have a chart. FEAR ME!
In case you can't read it, the yellow line is the US, the blue is the Euro zone and the red is the UK.
We win. USA! USA! USA!