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Bad Rationalizations for Austerity
Published: 05/24/12 03:45 AM EDT
Raghuram Rajan has the worst excuse for austerity I've read today: Austerity is painful … shared tax increases and spending cuts can instill a sense of national purpose to help a country weather tough times… FavStocks.com - Bad Rationalizations for Austerity Contributed by Economists View Please visit FavStocks.com for more info on your Favorite Stocks. [...]

Raghuram Rajan has the worst excuse for austerity I've read today:

Austerity is painful … shared tax increases and spending cuts can instill a sense of national purpose to help a country weather tough times…

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FavStocks.com - Bad Rationalizations for Austerity
Contributed by Economists View
Please visit FavStocks.com for more info on your Favorite Stocks. Also stop by the free Stock Forum and discuss todays hot stocks. )

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