tag:blogger.com,1999:blog-1944002802353580378.post5533833977267103489..comments2023-09-21T06:34:36.554-07:00Comments on The Ethical Economist: The false debate on austerityAndrea Mairatehttp://www.blogger.com/profile/12535736857863598552noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-1944002802353580378.post-47155944773389502632010-07-26T09:48:08.344-07:002010-07-26T09:48:08.344-07:00Mr Trichet does not seem to be anxious about the a...Mr Trichet does not seem to be anxious about the austerity drive. He calls (FT July 23) for ending fiscal stimulus and fiscal tightening for all because of rising public debt in euro area countries. 'Consolidation is a must' he says and rejects the idea that it might have a negative impact on growth in current circumstances. Whow are deflationary risks addressed? Will this help reducing mass unemployment, which is currently jeopardising our democratic societies? I think that these questions are being completely overlooked.Andrea Mairatehttps://www.blogger.com/profile/12535736857863598552noreply@blogger.com