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…