Austerity has proved wrong in all Europe. Cutting budgets have plunged down socteies to points that we can talk about a lost generation. It seems that if an economist talks about economis as a science and demands budget cuts he is serious. However, it seems that there are other economists non less serious than the---- serious ones..... who talk against austerity( Stiglitz, Krugman) Nobody would consider their claims. Stressler and the like him who serious and non populists would stick as blind horses for budget reductions. Reality for them is not important . A country's economy is like a familiy's economy... A simple and scientific true they would argue The problem is... that a country's economy is not as a familiy's economy. You can enter into deficit and inflation, and not always is wrong. Depends on how you create the deficit or in where your inevst.
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from the article: Lapid, still the populist