The Myth of Expansionary Fiscal Austerity | Reports

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REPORT: The Myth of Expansionary Fiscal Austerity from the Center for Economic and Policy Research (CEPR):

"In making the argument for fiscal austerity, some have claimed that pushing for lower deficits rather than stimulus spending is a better route for restoring growth," said Dean Baker, author of the report. "However, the severity of the Great Recession in the United States means that austerity policies would almost certainly result in further contraction of the economy."

Old habits of decision making reside in scarcity-based mindsets, residual and out of place in a postindustrial age of complexity and abundance.

The real restoration is already here in the small and transformative numbers of people and their ideas. The next step is "Strategic Doing" - working together to bring these ideas to fruition by sharing Brainpower and resources in communities, organizations, on campuses, and in companies.