Austerity Plans Are Based on the Wrong Diagnosis of the Wrong Problem

Austerity Plans Are Based on the Wrong Diagnosis of the Wrong Problem -- And May Plunge Europe into Depression

Governments must be able to spend strategically to encourage growth, or the crisis will only get worse.

http://www.alternet.org/story/153656/austerity_plans_are_based_on_the_wrong_diagnosis_of_the_wrong_problem__and_may_plunge_europe_into_depression