Politicians slash public goodies spotlight image

Politicians slash public goodies

Press quote (The Washington Times)
28 December 2011

"Austerity is now part of the problem, not the solution," said Simon Tilford of the CER. "Investors are looking at eurozone economies and thinking, ‘How are they going to grow? How are they going to service their debt?’ Uncoordinated and excessive fiscal austerity is further weakening their growth prospects."