discipline tax/fee increases sovereign government borrowing expensive forces government austerity measures

Study Debunking Austerity Research Sparks Wide Reaction

April 22, 2013

Bob Pollin (Co-Author of Does High Public Debt Consistently Stifle Economic Growth? A Critique of Reinhart and Rogoff): Deficit Hawks still defend conclusions of a study that contained spreadsheet errors and weighted selected countries in an inappropriate way; led to incorrect theory about public debt and growth