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Comment by baggy_trough

3 hours ago

Where is the supposed austerity?

1 comment

baggy_trough

Reply

strictnein  2 hours ago

Austerity has become the boogeyman word for anytime a country doesn't increase spending as much as they originally planned or as much as some others think they should. An author who writes for Jacobin probably has a significantly different viewpoint on the term vs someone who works at a central bank.

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