The Abject Failure of Austerity


The results are in. Austerity, as the solution for economic woes, is an abject failure. The European Union has imposed serious economic austerity measures on five of its member countries: Spain, Portugal, Italy, Greece and Ireland. Here are the results: These are the consequences of fiscal austerity. This is the “solution” that Paul Ryan and…

2012 in Review: Politics as Usual


As WC did in 2009, 2010 and 2011, WC will undertake a brief review of politics in 2012 before we mercifully leave the poor, maimed calendar year behind. Mitt Romney won something, anyway. Poltico gave Romney’s Jeep political spot, claiming Chrysler jobs were to be exported to China, its “Lie of the Year” award. Interestingly, Romney’s political ads swept…