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austerity
From Gerald Ford to Donald Trump, austerity has been a tool to crush the GOPs opposition and alter the course of history.
GOP-led spending cuts have led to "the most discouraging recovery on record," an Economic Policy Institute study says.
Italys banks are on the brink of collapse, but the E.U. is forbidding a bailout.
They see echoes of their own frustrations in the United Kingdom's vote for a Brexit.
WHAT'S HAPPENING
His new bill would put the island's economy ahead of vulture fund profits.
A new IMF paper questions the value of harsh measures, but it's not going to result in any major changes.
While EU leaders celebrate a new deal, Greece's citizens ready for yet another round of cuts.
The International Monetary Fund has proposed debt relief. Now it just needs Germany to sign on.
The bill due July 1 is much, much, much bigger.
"I don't think it's reasonable for Greece to implement a ridiculous and wrong, in my opinion, policy of economic austerity," he said.
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