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Mike Shedlock - Are Austerity, Shrinking Wages, and Firing of Public Workers Bad Things?

Via finance.townhall.com/home » Submitted On Fri, 12/14/2012 - 10:38pm by Buster Bunker

The socialists and the Keynesians would have you believe that austerity is a bad thing, and that firing government workers when unemployment is already high is the wrong thing to do.

Anyone believing those myths needs to consider Euro Countries (and the IMF) Can Learn from Latvia’s Economic Success.

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