How To Return To Full Employment (And Why It Matters)

I've been blogging on the subject of austerity and why it is a bad idea right now for a long time. It's hard to explain in ten words or less.

Now economist Robert Pollin has provided a pretty digestible explanation. Complete with illuminating graphs.

Worth a read.

Everyone in the political class, both US and European, should read it.

And act on it.

Now, now, now!