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TopicPolitics Containment Topic 368: Stimulating the American People
Lightning Strikes
03/10/21 2:03:08 PM
#235:


Ill say this for Obama - even he, who I would describe as a neoliberal conservative, recognised that austerity was not going to solve the issue and invested to get out of the recession, at least at the federal level. And the US at least recovered. Europe meanwhile mired itself in austerity and recovered much more slowly. In particular the UK still hasnt recovered from the recession, and thats led to a cycle of persistently screwing itself over and making the economy even worse through things like brexit, as a result of austerity.

This is actually an instance of the US being more left than its contemporaries, and relatively speaking it actually worked pretty damn well.

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