Posted by: seanmalstrom | May 20, 2012

What European austerity?

We keep hearing that European nations, such as France, have undergone austerity programs. But when we look at the data, we don’t see any real decrease in the spending.

The only reason why the data doesn’t match the rhetoric is if someone is trying to pull a fast one. The people in these nations know they have been lied to before. It seems likely they are being lied too once again.

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