IMF: infrastructure spending spree last chance to revive growth – Telegraph

Although the IMF was once Angela Merkel‘s mouthpiece favoring fiscal discipline, these days the IMF has learned the weakness of its advice and is desperate for growth. This is an excellent article from the Telegraph. Check it out!

via IMF: infrastructure spending spree last chance to revive growth – Telegraph.

Views?

The Jobs Recovery Is Always Two Years Away – David Lizoain – Social Europe Journal

This is a MUST READ article by David Lizoain in Social Europe Journal. Check it out!

via The Jobs Recovery Is Always Two Years Away – Social Europe Journal.

The European Commission, the high priests of austerity, have a terrible record in their forecasts for unemployment. Most serious economists and the IMF maintain that the European Commission’s policies on austerity have been too severe and have caused huge unnecessary economic and social pain across Europe, especially Southern Europe.

This turn me to an open question:

Who will hold the European Commission to account for their failures?

Any thoughts?

European flag outside the Commission

European flag outside the Commission (Photo credit: Wikipedia)

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