FDR2223 Austerity? What Austerity?

We are told that austerity in Europe has failed. The elections in
France and Greece, for instance, are supposedly evidence of
people's opposition to severe cuts in spending. However, the
growing anti-austerity backlash against Europe ignores one
fundamental point: If there is austerity in Europe, in most cases
it hasn't taken the form of massive spending cuts. Freedomain Radio
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