Posts Tagged ‘austerity is not the answer.’



Youth unemployment rates in Greece 62.5%, Spain (56.4%), Portugal (42.5%), and Italy (40.5%), is totally unsustainable, and will create social unrest.  The solution is not neo liberal economic policy of more austerity. Job creation is the solution. For this, government’s involvement in the creation of jobs is not only necessary, but fundamental.

Professor Mekonen Haddis


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