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Home Publications Blogs Beat the Press Washington Post Editorial Condemns Austerity in Europe!

Washington Post Editorial Condemns Austerity in Europe!

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Sunday, 28 April 2013 07:36

I double-checked to see that this is in fact April 28 and not April 1. This does seem to be real, a Washington Post lead editorial on Europe that calls for Germany to ease up on austerity and to allow the peripheral euro zone countries to grow again.

I could nit-pick and point out that the editorial doesn't get everything right (nothing wrong with Germany running trade surpluses, if the surpluses were with fast-growing countries in the developing world), but we should just sit back and enjoy this one for a moment. Perhaps evidence and logic can actually have an impact on economic policy debates, even at the Washington Post.

Comments (2)Add Comment
a win for the Internet?
written by Peter K., April 28, 2013 10:12
People have been harping on this for 4 years. Plus the evidence is pretty damning. Anyway kudos to Baker and other economists who have held their feet to the fire and said the emperor has no cloths.
...
written by Ryan, April 29, 2013 9:02
I wouldn't hold my breath, they've yet to do the same for austerity here.

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About Beat the Press

Dean Baker is co-director of the Center for Economic and Policy Research in Washington, D.C. He is the author of several books, his latest being The End of Loser Liberalism: Making Markets Progressive. Read more about Dean.

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