The latest news on austerity
John Boehner thinks the U.S. has a spending problem, and he's right – we aren't spending enough.
Greece has made very little progress turning around its economy.
Letta is in an untenable situation, stuck between bad politics and a sinking economy.
The surprising link between fiscal policy and public health.
More misguided budget cutting in Europe.
We're learning all the wrong lessons from Europe's budget battles.
For severely indebted countries, there's no viable alternative.
Austerity took a huge economic, social and psychological toll on Europe.
Austerity is making Europe suffer unnecessarily.
Europe can't continue on its current fiscal path.