Is Austerity Ushering in a Global Recession?
Robert Reich, former Secretary of Labor under President Bill Clinton and current Professor of Public Policy at the University of California, Berkeley recently penned and article in the Huffington Post suggesting that proposed austerity measures by US and foreign governments will do much more harm than good and will likely prolong our current world economic doldrum. Whether you agree with him or not, there is no denying that Mr. Reich is a bright mind in world economics and his views are certainly worthy of consideration. For a link to the Huffington Post article, please click on the photo of Mr. Reich.