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Austerity Pushes Eurozone Unemployment To 15-Year High; Republicans Continue To Ignore Its Failure

Austerity policies pushed countries across the Europe back into recession during the first quarter of 2012, and the Eurozone’s unemployment rate hit 10.9 percent — its highest level in 15 years — in March. Deep budget cuts in countries like Spain, Greece, and Ireland crippled economic growth and exacerbated unemployment numbers. Austerity’s failure is starkest [...]
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