It is rare, in the history of economic thought, for debates to get resolved this decisively. The austerian ideology that dominated elite discourse five years ago has collapsed, to the point where hardly anyone still believes it.
Hardly anyone, that is, except the Tom Carper and John Carney.
When Tom Carper and John Carney say that there is a “budget crisis” and that “austerity” is needed to grow the economy, they are lying. Yes. It is that simple.
![Wednesday Open Thread [4.29.15]](https://delawareliberal.net/wp-content/uploads/2014/12/DL.Open_.Thread.White_-150x112.png)
Krugman probably busted a nut watching all those broken windows in Baltimore.
We have got to get the democratic partys’ attaention with these slugs we have elected