Tax Increases are the Austerity
Veronique de Rugy is doing an awesome job debunking the myth that European countries have cut spending in any meaningful way, and that the "austerity" that Krugman et. al. keeping going on about mostly consists of raising taxes. Perhaps because they so desperately want to raise taxes in the US, Krugman and company seem willfully blind in recognizing the tax increases in Europe and their negative consequences.
>>> ...Krugman and company seem willfully blind.
I applied the period a bit sooner. Seemed to be more accurate.
Helping any way I can...