Thom Hartmann: Professor Richard Wolff - The UK in a double-dip recession

[thomhartmann]

Professor Richard Wolff, New School University NYC joins Thom Hartmann. Bad news for European economies...With the UK in a double-dip recession - the Dutch government disbanding - and countless other nations in turmoil - where is the world headed if it continues with the trickle-down austerity experiment?

The Big Picture with Thom Hartmann on RT TV & FSTV "live" 9pm and 11pm check www.thomhartmann.com/tv for local listings

[Warpy]

1. Krugman congratulated Cameron on his blog yesterday

because it takes a special kind of talent to outdo the Great Depression, something Cameron has done.

You can't starve people into prosperity. It only wrecks more and more of the economy if you do and eventually people have enough of you and your rotten policies and revolt.

[ladjf]

2. Their stringent austerity program is having a negative effect on their economy.

[Prophet 451]

3. Cameron was told this would happen a year ago

Yet he pushed the cuts for ideaological reasons and admitted they were there to stay even if the economy picked up. Scumbag.